Numericable-SFR owner Patrick Drahi is offering to buy all of the telco, which has 11 million mobile customers. Move will pare French mobile market to 3 players from 4
Mon, Jun 22, 2015 - 5:50 AM
With massive cost savings possible from combining the two companies, Mr Drahi (above) is offering a rich price, higher than in an earlier round of sales talks last year.
PATRICK Drahi, the owner of France's No 2 telecoms player Numericable-SFR, has offered to buy smaller rival Bouygues Telecom for about 10 billion euros (S$15.2 billion) in cash, two people familiar with the matter said.
The move, which was first reported by the Journal de...