A PYMNTS Company

France: Chances for Bouygues, SFR deal nosedive

By  |  March 4, 2014

As the Wednesday deadline looms to submit bids for French wireless operator SFR, the chances of Bouygues beating out competition for the acquisition continue to drop, say reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The rival wireless firm would likely face a slew of competition concerns over Numericable, which is also poised to bid for the company.

    Numericable would likely breeze through a merger review should it acquire SFR, the latest reports say, as it would combine a cable company with a wireless firm without much jurisdictional overlap.

    Numericable is set to offer $20 billion for SFT, owned by Vivendi. The deal is complicated by the expectation that Bouygues would likely submit a higher bid, but face tougher regulatory scrutiny of the deal.

    Full Content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.