April 17 (Reuters) - Bouygues SA BOUY.PA:
BOUYGUES TELECOM, THE FREE-ILIAD GROUP AND ORANGE ENTER EXCLUSIVE NEGOTIATIONS WITH THE ALTICE FRANCE GROUP FOR THE ACQUISITION OF SFR
DEAL VALUES ALTICE FRANCE ASSETS AT EUR 20.35 BILLION
SPLIT OF PRICE AND VALUE BETWEEN BUYERS WOULD BE AROUND 42% FOR BOUYGUES TELECOM, 31% FOR FREE-ILIAD GROUP AND 27% FOR ORANGE
ALTICE FRANCE GRANTS EXCLUSIVITY PERIOD TO CONSORTIUM UNTIL MAY 15, 2026
B2B BUSINESS AND CUSTOMERS WOULD BE TAKEN OVER BY BOUYGUES TELECOM
B2C BUSINESS AND CUSTOMERS WOULD BE SHARED BETWEEN BOUYGUES TELECOM, FREE-ILIAD GROUP AND ORANGE
OTHER ASSETS AND RESOURCES WOULD BE SHARED BETWEEN BOUYGUES TELECOM, FREE-ILIAD GROUP AND ORANGE
SFR'S MOBILE NETWORK IN LESS DENSELY POPULATED AREAS WOULD BE TAKEN OVER BY BOUYGUES TELECOM
AT THIS STAGE, THERE IS NO CERTAINTY THAT THIS OFFER WILL RESULT IN AN AGREEMENT
Source text: ID:nGNETTXLM
Further company coverage: BOUY.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))