French Telecoms Raise Bid for Altice to 24 Billion Dollars
Bouygues, Iliad-Free, and Orange submitted an improved 20.35 billion euro offer for Altice France today. The move follows a rejected bid made last October.
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A consortium of major telecommunications providers in France has significantly increased its bid to acquire a primary competitor, marking a potential turning point for the European industry. On Friday, Bouygues, Iliad, and ORANGE submitted a joint proposal valued at 20.35 billion euros, or approximately $23.97 billion, to purchase the core assets of Altice France.
