Deals
SFR Owner Offers $11 Billion for Bouygues Telecom, JDD Reports
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Telecommunications billionaire Patrick Drahi 10 days ago offered more than 10 billion euros ($11.4 billion) to buy Bouygues Telecom, French Sunday newspaper Journal du Dimanche reported, without saying where it got the information.
A spokesman at Bouygues Telecommunications, a unit of Bouygues SA, declined to comment. Drahi’s Luxembourg-based holding commpany Altice SA didn’t immediately return calls seeking comment. Talks are ongoing and the Bouygues board will meet Tuesday to make a decision, the paper said.