Orange ready to float

France Telecom has set out the details for the flotation of Orange - and depressed the market in doing so.

Mon, 22 Jan, 2001 - 14:58

France Telecom has set out the details for the flotation of Orange - and depressed the market in doing so.

The shares will be priced at between £7.35 and £8.62 each, valuing the company at £41.4 billion at the most.

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