+------------------------------------------------------------------------------+
Vivendi to Examine Bouygues’ New SFR Offer With Rigor: Figaro 2014-03-27 11:02:30.811 GMT
By Marie Mawad March 27 (Bloomberg) -- Vivendi’s management will examine Bouygues’ latest offer for SFR with the required rigor, Chairman Jean-Rene Fourtou wrote in a letter to Bouygues dated March 24, according to Le Figaro newspaper. * Examination will be done within the strict application of Vivendi’s exclusivity commitment to rival bidder Altice, Fourtou is cited in the letter: Figaro * Bouygues CEO Martin Bouygues wrote Vivendi on March 22 to ask that his sweetened offer be studied: Figaro * A Vivendi representative declines to comment on Figaro report * Note: Vivendi, in the process of selling its SFR French phone unit, is in exclusive talks until April 4 with Altice. Bouygues unexpectedly boosted its bid for SFR last week to 13.15 billion euros, plus a 21.5 percent stake in the merged entity. Related story: NSN N301M16S972W <GO> * Link to Le Figaro story, in French: http://tinyurl.com/ns7s24w
For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>
To contact the reporter on this story: Marie Mawad in Paris at +33-1-5530-6290 or mmawad1@bloomberg.net To contact the editor responsible for this story: Kenneth Wong at +49-30-70010-6215 or kwong11@bloomberg.net