Bespoke digital solutions tailored for your organization and business activity. This acquisition of a 59.10% stake of Business & Decision from the majority shareholders (the Bensabat family) and the agreement of binding options on the remaining 4.88% stake owned by the Bensabat family follow on from previous announcements made on 26 ctober 2017 and 11 May 2018. We stand armed with the right solutions to elevate your organization to the next level. If the necessary conditions are met, Orange will request that a squeeze-out procedure be initiated for shares that have not been brought to the offer, subject to compensation equal to the offer of 7.93 euros per Business & Decision share. “The acquisition of Business & Decision and of its expertise in Business Intelligence and Data Science will significantly strengthen Orange Business Services’ operations in data analysis and governance in France and internationally, and will strengthen our knowledge of our customers' businesses, a key lever for accelerating the digital transformation of our enterprise customers,” explains Helmut Reisinger, Chief Executive Officer of Orange Business Services. We are the experts in understanding all the nuances of your complex business activities. By hiring subject matter experts, we seek to understand our clientsâ organizational goals as well as they understand them themselves, training our own team accordingly. The Board of Directors also decided to modify the company’s management structure by separating the functions of Chairman of the Board of Directors and Chief Executive Officer. “First and foremost, I would like to pay tribute to Patrick Bensabat, the founder of Business & Decision, who succeeded in building a Group that is now widely-recognized as a leading player in the fields of data and digital. Additionally, that same flexibility allows you to easily scale your IT to exactly what you need. After reviewing the independent report submitted by the Ledouble consultancy, the Board of Directors unanimously agreed that the simplified public tender offer proposed by Orange was in the best interests of Business & Decision, its shareholders and staff, and therefore decided to recommend that shareholders bring their shares to the offer. When your needs are complex, the solutions can be overwhelming. Not only are we experts in all the modern solutions on the market today, we are helping to innovate what's coming next. Need to double down on ensuring your business continuity? This acquisition has obtained the necessary approbation of the relevant antitrust authorities and the outstanding suspensive conditions have been lifted. In addition, Catherine Daneyrole was appointed as an independent Director. Business & Decision organise un webinar sur la DataScience et l'IA dans le domaine du retail le mardi 17 novembre prochain à 11h00. Notre objectif est de devenir l'un des leaders européens de la « data transformation ». Start by assessing your existing specialized digital landscape and identifying the exact next steps on your path to transformation. The former members of the Board of Directors resigned and four new members were appointed, including three Orange representatives. THAT FREES YOUR BEST PEOPLE TO GET BACK TO THEIR MOST IMPORTANT WORK. L'union fait la force, Business & Decision a rejoint Orange en 2018. This acquisition is part of Orange Business Services’ strategy to build on its status as a worldwide player in digital transformation and a leader across the entire value chain regarding the provision of data services. Orange also benefits from mutually-binding options on the remaining 4.88% of capital owned by the Bensabat family, which will be acquired following the ongoing inheritance procedure (see press release dated 11 May 2018).
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