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29 Mar 2026

White & Case advises Orange on proposed sale of Globecast to Verdoso

"White & Case advised Orange on an exclusivity agreement with investment fund Verdoso for the proposed sale of Globecast, Orange’s media-services subsidiary. The deal would give Globecast a strategic reference shareholder to support next‑generation offerings and strengthen its position in a structurally shifting market. Completion is subject to staff information/consultation procedures and is expected by the end of 2026. The White & Case Paris team was led by partner Guillaume Vallat (Corporate/M&A) with Orion Berg (FDI) and Quirec de Kersauson (regulatory); Verdoso is advised by August Debouzy."

White & Case LLP advised Orange, and August Debouzy advised Verdoso. Transaction summary: Orange signed an exclusivity agreement with the investment fund Verdoso for the proposed sale of Globecast, Orange’s media‑services subsidiary. The proposed acquisition would provide Globecast with a reference shareholder to support deployment of next‑generation offerings and strengthen its position amid a structural market shift. Completion remains subject to Orange’s employee information and consultation procedures and is expected by the end of 2026. Lawyers who participated (as stated in the press release): - White & Case LLP: - Guillaume Vallat — Partner (led the Paris team); Corporate/M&A - Coline Berthe de Pommery — Associate; Corporate/M&A (assisted Guillaume Vallat) - Orion Berg — Partner; FDI (foreign investment control) - Louis Roussier — Associate; FDI (assisted Orion Berg) - Quirec de Kersauson — Partner; Regulatory - Pauline Abbouche — Associate; Regulatory (assisted Quirec de Kersauson) - Verdoso: advised by law firm August Debouzy (no individual lawyers named in the press release).
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