Bouygues to submit offer for Vivendi’s SFR: sources
LONDON/PARIS (Reuters) - Bouygues will submit an offer on Wednesday to buy Vivendi's telecom unit SFR and will make pledges on jobs and network investments to win support for its...
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AT&T rules out Vodafone bid for now
LONDON (Reuters) - AT&T; on Monday ruled out a bid for Britain's Vodafone after Britain's takeover watchdog asked the U.S. phone company to clarify its position following reports that it...
Exclusive: TDF owners weigh 3.5-3.6 billion euros bids for French unit – sources
LONDON/PARIS (Reuters) - The owners of broadcasting masts operator TDF are reviewing two bids for the group's French unit that fell short of their 4 billion euros ($5.5 billion) expectations,...
GM-Peugeot setbacks set scene for Dongfeng deal push
PARIS/LONDON (Reuters) - General Motors scaled back cooperation with Peugeot months into their alliance and later turned down a government-backed merger, leaving China's Dongfeng as the French carmaker's last hope,...
Exclusive: PSA in capital hike talks with Dongfeng, France – sources
PARIS (Reuters) - PSA Peugeot Citroen is preparing a 3 billion euro ($4.1 billion) capital increase in which Chinese partner Dongfeng and the French government would take matching stakes in...
Seven bidders line up for TDF’s French unit: sources
LONDON (Reuters) - About seven bidders are lining up for Telediffusion de France's (TDF) domestic business and lenders are preparing debt packages of more than 2 billion euros ($2.7 billion)...
Exclusive: Schneider nears $5 billion Invensys deal – sources
LONDON/NEW YORK (Reuters) - France's Schneider Electric is nearing a 3.3 billion pound ($5.07 billion) deal to acquire British engineer Invensys and could announce it at its results on Wednesday,...
Exclusive: Orange preparing Dominican Republic exit – sources
LONDON (Reuters) - France's Orange is considering the sale of its Dominican Republic business in a deal that could fetch up to 900 million euros ($1.2 billion), as it exits...
Exclusive: Card payment firm Nets hires JP Morgan for 1-2 billion euro sale – sources
LONDON/NEW YORK (Reuters) - Europe's number 2 card payment processor Nets has hired JP Morgan to sell the business for 1-2 billion euros, four people with direct knowledge of the...
Vodafone and Liberty face battle for Kabel Deutschland
LONDON (Reuters) - Vodafone faces a battle for Germany's largest cable company, Kabel Deutschland, although rival bidder Liberty Global of the United States has bigger regulatory and funding hurdles to...