Finance
Altice rejects Bouygues, Orange, Iliad group's offer to buy SFR, AFP reports
Published by Global Banking & Finance Review®
Posted on October 15, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 15, 2025
1 min readLast updated: January 21, 2026
Altice France has rejected a €17 billion nonbinding offer from Bouygues, Orange, and Iliad to acquire its SFR mobile unit, aiming to retain its telecom position.
PARIS (Reuters) -French telecom group Altice France told employees on Wednesday that it had "immediately rejected" an offer from rivals Bouygues, Orange and Free-Iliad group to buy its mobile unit SFR, news agency AFP reported.
The three groups said late on Tuesday that they had submitted a nonbinding offer to acquire a large part of Altice's activities in France for a total enterprise value of 17 billion euros ($19.77 billion).
($1 = 0.8598 euros)
(Reporting by Makini Brice and Inti Landauro)
Telecommunications refers to the transmission of information over significant distances by electronic means. It includes various forms of communication such as phone calls, internet, and broadcasting.
An investment is an asset or item acquired with the goal of generating income or appreciation. It can include stocks, bonds, real estate, or other financial instruments.
Mergers and acquisitions (M&A) are transactions in which the ownership of companies or their operating units are transferred or combined. M&A can help companies grow or diversify.
Corporate strategy is the overall plan for a company to achieve its goals and objectives. It includes decisions about resource allocation, business direction, and competitive positioning.
Financial news refers to information related to financial markets, economic trends, and corporate activities. It helps investors make informed decisions based on current events.
Explore more articles in the Finance category
