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France: Bouygues goes to plan B after failed SFR pursuit

 |  April 9, 2014

French wireless telco Bouygues is reportedly in talks to strike a deal with start-up competitor Iliad after the conglomerate failed to win a bidding war against Numericable to acquire Vivendi’s telco unit SFR, say reports.

Numericable’s $23 billion offer to acquire the divested unit has left Bouygues to consider a plan B for its future, Now, say reports, Iliad’s Free Mobile is considering an acquisition of Bouygues, local reports said, having offered about $7 billion for the company.

But Bouygues is reportedly seeking a figure closer to $11 billion to be bought out by France’s fourth-place wireless operator.

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