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Altice, Bouygues confirm offer, Iliad in talks to buy assets

Monday 22 June 2015 | 09:01 CET | News
Altice and Bouygues have confirmed reports that Numericable-SFR parent company Altice has made an offer to acquire Bouygues Telecom. Altice's statement did not provide further details, while earlier reports said the bid is worth just over EUR 10 billion. Bouygues confirmed that it received an unsolicited offer from Altice to start negotiations with a view to buying Bouygues Telecom. Bouygues' board of directors will meet 23 June to review Altice's letter. While press reports said that Altice's head, Patrick Drahi, started talking to Bouygues around three weeks ago, Bouygues' statement said

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Categories: General / Mobile & Wireless
Companies: Altice Europe / Bouygues Telecom / Free / Iliad / Numericable-SFR
Countries: France
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