Bouygues Telecom likely to reject improved offer from Altice and Numericable SFR
Listed French conglomerate Bouygues is likely to reject an improved offer from Altice group and subsidiary Numericable SFR for its mobile phone business Bouygues Telecom, French daily Le Figaro reported. The report cited a person familiar with the matter as saying that the board of Bouygues would not be enticed by a new and improved bid.
At its meeting of 23 June 2015, Bouygues' board of directors had decided unanimously, after an in-depth review, not to follow up on the Altice group's unsolicited offer to acquire Bouygues Telecom.
Le Figaro