Orange, AXA to Buy Majority Stake in Morocco's DabaDoc
June 07 2021 - 6:40AM
Dow Jones News
By Mauro Orru
Orange and AXA SA have reached an agreement to acquire a
majority stake in Moroccan health-tech company DabaDoc.
The French telecommunications company said Monday that Orange
Middle East and Africa and AXA Assurance Maroc signed the agreement
to acquire the stake in DabaDoc, which provides a platform that
digitalizes access to healthcare in Africa.
Orange didn't disclose the value or size of the majority stake,
but said the transaction should close in the third quarter of the
year.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
June 07, 2021 06:34 ET (10:34 GMT)
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