Altice has not entirely abandoned the idea of taking control of Bouygues Telecom. Despite the refusal of the operator, the Luxembourg group says its takeover offer is still on the table.
Altice he will return to the charge in the Bouygues Telecom file? While he suffered a categorical refusal of the operator earlier this week, the Luxembourg Group, parent company of SFR-Numericable company, said Thursday that its bid still remained on the table.
Earlier this week, it was revealed in the press that a proposal of more than € 10 billion was sent to the Bouygues group to take over its subsidiary in telecoms. In order not to offend the regulatory hurdle, Altice has agreed in advance with Iliad – the parent company of Free – to sell him certain assets of its future acquisition
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Despite the appetizing nature of the offer made by Altice, Bouygues was rejected by pointing the lack of bank guarantees to finance the operation with additional loans (while the band is already heavily in debt) and the risk of a blocking by the competition authority (which is opposite to the concentration in telecoms) or telecom gendarme.
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