LONDON, Feb. 1, 2021 /PRNewswire/ — Polygon World-wide Companions LLP is the investment decision supervisor for the Polygon European Fairness Prospect Grasp Fund and sure customer accounts which collectively are the holders of 5.29% of Orange Belgium’s (Ticker: OBEL) full share cash.
Polygon has employed financial investment financial institution Ondra as its money advisor in relation to Orange SA’s announcement (as posted by the Belgian Fiscal Solutions and Markets Authority on 21 January 2021) of its intention to start a voluntary conditional general public takeover bid on all the shares of Orange Belgium that it does not but individual. Ondra is carrying out a valuation of Orange Belgium.
Polygon continues to be supportive of the system pursued by Orange Belgium and carries on to consider that a price tag of 22 euros for every share would substantially undervalue the company on a standalone basis. Specifically, Polygon points to Orange SA’s the latest monetization of its French rural fibre networks as well as what Polygon thinks is the unaccounted-for benefit in Orange Belgium owned towers.
Polygon designs to further more converse on the problem in thanks program and stays at the disposal of Orange Belgium’s Board of Directors and Orange SA’s management.
About Polygon:
Polygon is a international personal financial commitment company started in 2002 handling close to $1.5 billion across a amount of asset classes and firms. Its financial investment abilities are supported by a robust operational and risk infrastructure. Polygon is a part of Tetragon Monetary Team Limited’s different asset administration platform, TFG Asset Administration.
This push launch has been issued for information applications only and does not constitute financial commitment assistance. Orange Belgium shareholders really should request their have suggestions in relation to the Orange S.A. tender give.
For more details, make sure you call:
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Polygon: |
Press Inquiries:
 
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Investor Relations ir@polygoninv.com |
Prosek Companions Professional-tetragon@prosek.com 
 
 United States Andy Merrill and Ryan FitzGibbon +1 212 279 3115 ext. 216 and 234 |
United Kingdom Zara Thornton
 
 +44 () 20 8323 0476 |
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Source Polygon World Partners LLP