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Altice, Bouygues confirm offer, Iliad in talks to buy assets

2015-06-22 09:01:00| Telecompaper Headlines

(Telecompaper) Altice and Bouygues have confirmed reports that Numericable-SFR parent company Altice has made an offer to acquire Bouygues Telecom. Altice's statement did not provide further details, while earlier reports said the bid is worth just over EUR 10 billion. Bouygues confirmed that it received an unsolicited offer from Altice to start negotiations with a view to buying Bouygues Telecom. Bouygues' board of directors will meet 23 June to review Altice's letter. While press reports said that Altice's head, Patrick Drahi, started talking to Bouygues around three weeks ago, Bouygues' statement said that no negotiations are in progress. Separately, broadband and mobile operator Free's parent company Iliad announced that it has entered into exclusive talks with Numericable-SFR to buy assets related to the takeover offer for Bouygues Telecom. The sale of part of Bouygues and SFR's spectrum and network assets to Free may secure the companies regulatory approval for the takeover, which would reduce the French mobile market to three network operators from four. 

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UPDATE 1-Williams Co rejects $48 bln unsolicited offer

2015-06-22 05:28:45| Energy - Topix.net

Natural gas pipeline company Williams Companies Inc said on Sunday it is exploring strategic options after it received an unsolicited takeover proposal for $64 per share or $48 billion. Williams did not name the party who made the offer but it said its board determined the proposal "significantly undervalues" the company.

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UPDATE 1-Williams Co rejects $48 bln unsolicited offer

2015-06-22 04:57:31| Oil & Gas - Topix.net

Natural gas pipeline company Williams Companies Inc said on Sunday it is exploring strategic options after it received an unsolicited takeover proposal for $64 per share or $48 billion. Williams did not name the party who made the offer but it said its board determined the proposal "significantly undervalues" the company.

Tags: offer update rejects unsolicited

 

Greece 'to offer new debt proposals'

2015-06-20 15:09:22| BBC News | Business | UK Edition

A Greek minister says new proposals will be put to creditors to "get closer to a solution" ahead of a crisis summit on Monday.

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Curtiss-Wright Collaborates With Critical Materials to Offer Pre-Integrated Airborne Structural Health Management System

2015-06-19 12:31:12| Industrial Newsroom - All News for Today

Agreement will provide customers with pre-qualified, proven, and flight-ready Structural Health Management hardware/software solution   PARIS AIR SHOW Curtiss-Wright Corporation (NYSE: CW) today announced that its Defense Solutions division and Critical Materials S.A. have signed a MOU to develop one of the...

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