Nov. 27, 2013, 3:53 AM
- As flagged, Orange (ORA) has agreed to sell its Dominican Republic unit to cable and telecommunications investor Altice for $1.435B.
- The deal is subject to approval from the Dominican authorities and Orange's board.
- The sale is part of a trend of major European telecom operators divesting non-core assets. (PR)
ORA vs. ETF Alternatives
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It designs, develops, builds, owns, and operates clean, environmentally friendly geothermal and recovered energy-based power plants.
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