Bouygues Telecom Consortium Moves to Acquire SFR from Patrick Drahi for €20.35 Billion
A consortium led by Bouygues Telecom, which includes Orange and Free-Iliad, is set to purchase SFR from Patrick Drahi for €20.35 billion, pending regulatory approval.
Editorial Staff
1 min read
Updated 3 days ago
Bouygues Telecom has announced its intention to acquire SFR from Patrick Drahi for €20.35 billion. This move involves a consortium that includes notable players such as Orange and Free-Iliad.
The bid, while significant, is expected to face scrutiny from antitrust regulators in both Paris and Brussels. This could lead to potential challenges regarding market competition.
As the deal progresses, the consortium will need to navigate the regulatory landscape carefully to secure approval for the acquisition.