Home Orange, Bouygues end merger talks
 

Keywords :   


Orange, Bouygues end merger talks

2016-04-01 19:13:00| Telecompaper Headlines

(Telecompaper) Orange and Bouygues have brought an end to their discussions to merge their French telecom operations, saying they were unable to reach a final agreement. The talks started in January on merging France's number one and number three operators and are thought to have faltered in the end on how big of a stake Bouygues would get in Orange in return for its telecom assets. Bouygues said in a statement that it was unable to secure terms on four important points: what would happen to its employees joining Orange, its stake in Orange and control as a major shareholder, the execution risk of the merger and the valuation. Bouygues added that the possibility of consolidation on the French market now appears impossible.

Tags: end orange talks merger

Category:Telecommunications

Latest from this category

All news

»
07.11US cuts interest rates as Trump election raises uncertainty
07.11The Lehigh Short Course Website is Now Open
07.11Carbon Trust Verifies Four BASF Intermediates
07.11Atlantic Tropical Weather Outlook
07.11Eastern North Pacific Tropical Weather Outlook
07.11Labelink acquires International Label & Printing
07.11Pack Expo International sees record numbers in 2024
07.11Ahlstroms Climate Targets Validated by SBTi
More »