Altice Mulls 2015 Bouygues Telecom Buy

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Numericable parent eyes another M&A deal in France; CEO describes Altice as ‘natural buyer’ for Bouygues Telecom.
Altice will consider making a move for France’s Bouygues Telecom next year, CEO Dexter Goei said this week.

His company is currently concentrating on its takeover of SFR, but once that deal has closed there would be nothing to stop it looking at a tie-up with Bouygues, Bloomberg quoted Goei as saying at a Morgan Stanley event in Barcelona.

“I would be surprised if there’s not some effort in 2015 to get this done,” Goei said. He added that Altice’s balance sheet would be able to handle another acquisition in the first quarter of next year. “We view ourselves as the most natural buyer” for Bouygues Telecom, he said. Original post at Total Telecom

Wahengbam Rorrkychand

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