Bouygues Raises SFR Offer to Derail Numericable Bid

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Bouygues SA sweetened its offer for Vivendi SA’s SFR unit with the financial backing of the French government in an attempt to derail a bid from cable tycoon Patrick Drahi and his Numericable Group.

The revised proposalBloomberg Terminal includes 13.15 billion euros ($18.1 billion) in cash -- an increase of 1.85 billion euros -- and a