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Vivendi's Quick Exit Goal May Support Numericable as Cash Raised 2014-04-01 16:31:56.701 GMT
BI TELC EU SBKEYS Altice's move to raise the cash portion of its bid for SFR in retaliation to Bouygues, reported by Bloomberg News, may increase the deal's likelihood, given Vivendi's desire for a fast exit from SFR. The industry minister's preference for mobile consolidation via a Bouygues-SFR deal may be counteracted by the fact that the high indebtedness of Numericable-SFR unit would limit price competition and that a combination of Iliad and Bouygues may be a more viable alternative.
|0|0|371560|120320880|BI TELCE COML |4-2-A-Data-1|A12||EUR|R4472|BI TELCE COML |4-2-A-Data-1|A12||EUR|R4472|
This research note has been published by Bloomberg Industries. For more information, see BI <GO> -0- Apr/01/2014 16:31 GMT