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Orange, Bouygues Telecom confirm merger talks
2016-01-05 09:49:00| Telecompaper Headlines
(Telecompaper) Orange and Bouygues have confirmed that they are conducting preliminary discussions with a view to consolidation. Orange writes that the talks are not limited by any particular calendar and that they hold no commitment to any particularly predefined outcome. It adds that it will act solely in the interest of its shareholders, its employees and customers and will be particularly vigilant with regard to the value created through any resulting project. Bouygues confirmed that a confidentiality agreement had been signed by the two companies as they look at possible options. It said more information will be disclosed in due course according to the progression of these discussions.
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Category:Telecommunications