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General

Orange, Bouygues end merger talks

Friday 1 April 2016 | 19:13 CET | News
Orange and Bouygues have brought an end to their discussions to merge their French telecom operations, saying they were unable to reach a final agreement. The talks started in January on merging France's number one and number three operators and are thought to have faltered in the end on how big of a stake Bouygues would get in Orange in return for its telecom assets. Bouygues said in a statement that it was unable to secure terms on four important points: what would happen to its employees joining Orange, its stake in Orange and control as a major shareholder, the execution risk of the

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Categories: General
Companies: Bouygues Telecom / Numericable / Orange / SFR
Countries: France
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