Fairness opinion provided to the independent Board members of Orange Belgium
The independent Board members of Orange Belgium have received a fairness opinion in the context of a contribution in-kind of VOO shares in Orange Belgium.
VOO is a leading telecommunications company offering a wide range of services, including internet, television and mobile communications. With a focus on providing high-speed internet and innovative entertainment solutions, VOO serves residential and business customers across Belgium. Its main business segments include broadband internet, digital television and mobile services.
Orange Belgium is a Belgian telecommunications provider offering comprehensive solutions in internet, mobile and TV services. It services both residential and business clients and delivers high-speed internet, mobile communication and diverse entertainment options. The company’s primary business segments encompass broadband internet, mobile communications and digital television services.
Orange is a leading telecommunications conglomerate based in France, offering a wide range of services in mobile, internet and television. With a strong presence in Europe, Africa, and the Middle East, it provides innovative solutions to individual and corporate clients. Its comprehensive network infrastructure and commitment to technological advancement positions it as a key player in the global telecommunications industry. Orange continues to expand its offerings and enhances connectivity, striving to meet the evolving needs of consumers and businesses worldwide.
Oaklins’ team in Belgium delivered a fairness opinion in the context of a contribution in-kind by Nethys of its 25% stake plus one shares of VOO in the capital of Orange Belgium, a listed Belgian-based company.


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Nicolas Lambers
Oaklins KBC Securities
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