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Orange CEO sees 50-50 chance of clinching Bouygues deal
2016-01-12 15:15:00| Telecompaper Headlines
(Telecompaper) Orange has a 50-50 chance of completing a Bouygues Telecom acquisition, according to Orange chairman and CEO Stephane Richard, speaking at the company's traditional new year event. Les Echos writes that Richard also said that Martin Bouygues initiated the latest round of talks after Orange first approached him in 2014. Richard also said that prices would not change dramatically in an environment with three rather than four operators.
Orange and Bouygues in merger talks
2016-01-05 10:41:37| BBC News | Business | UK Edition
French telecoms operators Orange and Bouygues are in talks over a possible merger, they confirm.
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bouygues
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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Orange, Bouygues finally 'fess up to merger talks
2016-01-05 01:00:00| Total Telecom industry news
Deal would require significant remedies in order to win over competition watchdogs.
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Orange, Bouygues enter formal acquisition talks - report
2016-01-04 10:57:00| Telecompaper Headlines
(Telecompaper) Orange and Bouygues signed a confidentiality agreement on 24 December 2015 which marks the start of their official talks about Orange's potential acquisition of Bouygues Telecom, writes Journal du Dimanche, citing several unnamed sources. The deal under discussion would value Bouygues Telecom at about EUR 10 billion. Orange would pay EUR 8 billion with an around 15 percent Orange stake and the remainder in cash. The French government's stake in Orange would be diluted to slightly under 20 percent or more if the state investment company BPI sells part of its holding.
Tags: report
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