+------------------------------------------------------------------------------+
Altice Said to Mull Boosting EU11.75b Cash Portion of SFR Bid 2014-04-01 14:08:57.558 GMT
By Matthew Campbell, Jacqueline Simmons and Francois de Beaupuy April 1 (Bloomberg) -- Altice weighing plans to raise the cash component to help fend off rival bid from Bouygues, according to people familiar with the situation who asked not to be named. * Cash portion could gain by as much as 12% to a level in line with EU13.15b proposed by Bouygues, the people said * Any increase wouldn’t change total valuation of Altice’s offer * Representative for Altice said co. is working on an agreement to merge Numericable with Vivendi’s SFR unit within framework of ongoing exclusive negotiations * Sotry link: {NSN N3CV9M6JTSEQ <go>}
Link to Company News:{VIV FP <Equity> CN <GO>} Link to Company News:{EN FP <Equity> CN <GO>} Link to Company News:{ATC NA <Equity> CN <GO>}
For Related News and Information: First Word scrolling panel: {FIRST<GO>} First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story: Andrew Rummer at +44-20-7073-3722 or arummer@bloomberg.net