SFR Offer Sets Up French Telecom Bidding War

Written By The USA Links on Thursday 6 March 2014 | 04:36


WSJ.com: US Business

SFR Offer Sets Up French Telecom Bidding War

March 6, 2014 2:50 a.m. ET


PARIS—French conglomerate Bouygues SA has offered €10.5 billion ($14.42 billion) to buy control of Vivendi SA's French telecommunications unit, setting up a bidding war and potentially paving the way for consolidation in France's competitive telecom sector.


Bouygues said Thursday it is offering to merge its Bouygues Telecom unit in France with Vivendi's SFR, in order to create a combined company that it would float on the stock...





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