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General

Bouygues felt no political pressure on Altice bid - CEO

Wednesday 24 June 2015 | 14:33 CET | News
Bouygues group CEO Martin Bouygues said on RTL that there was no political pressure on the board's decision to reject a takeover bid from Altice for Bouygues Telecom, reports AFP. Bouygues said that he was received by president earlier that day. French finance minister Emanuel Macron had criticised the proposed merger as being bad for consumers and investment. Martin Bouygues said, "They let me own the choice I had to make," adding, "I think a business is not just another product, not everything is for sale." He cast doubt over Altice's ability to find solid financial backing and still assume

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Categories: General
Companies: Altice Europe / Bouygues Telecom
Countries: France
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