- Having not succeeded at first (or second), Orange (ORAN -1.8%) is trying again to sell a stake of about 49% in video site Dailymotion -- this time through exclusive talks with Hong Kong telecom PCCW (OTCPK:PCCWY).
- PCCW's made an offer valuing Dailymotion at €250M ($264.5M), a source tells The Wall Street Journal.
- The goal would be expansion, an area in which France-based Dailymotion hasn't kept up with competitors like YouTube. The French government, which killed a 2013 stake sale to Yahoo, may now be more open to foreign investment.