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Finance

Altice rejects Bouygues, Orange, Iliad group's offer to buy SFR, AFP reports

Published by Global Banking & Finance Review

Posted on October 15, 2025

1 min read

· Last updated: January 21, 2026

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Altice rejects Bouygues, Orange, Iliad group's offer to buy SFR, AFP reports

telecommunications investment Mergers and Acquisitions corporate strategy

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PARIS (Reuters) -French telecom group Altice France told employees on Wednesday that it had "immediately rejected" an offer from rivals Bouygues, Orange and Free-Iliad group to buy its mobile unit SFR

Altice France Dismisses Rival Offer from Bouygues, Orange, and Iliad

The three groups said late on Tuesday that they had submitted a nonbinding offer to acquire a large part of Altice's activities in France for a total enterprise value of 17 billion euros ($19.77 billion).

($1 = 0.8598 euros)

(Reporting by Makini Brice and Inti Landauro)

Key Takeaways

Altice France rejected a €17 billion offer.
The offer was from Bouygues, Orange, and Iliad.
The bid was for Altice's SFR mobile unit.
Altice aims to maintain its telecom position.
The offer was nonbinding.

Frequently Asked Questions

What is telecommunications?

Telecommunications refers to the transmission of information over significant distances by electronic means. It includes various forms of communication such as phone calls, internet, and broadcasting.

What is an investment?

An investment is an asset or item acquired with the goal of generating income or appreciation. It can include stocks, bonds, real estate, or other financial instruments.

What are mergers and acquisitions?

Mergers and acquisitions (M&A) are transactions in which the ownership of companies or their operating units are transferred or combined. M&A can help companies grow or diversify.

What is corporate strategy?

Corporate strategy is the overall plan for a company to achieve its goals and objectives. It includes decisions about resource allocation, business direction, and competitive positioning.

What is financial news?

Financial news refers to information related to financial markets, economic trends, and corporate activities. It helps investors make informed decisions based on current events.

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Altice rejects Bouygues, Orange, Iliad group's offer to buy SFR, AFP reports

Altice France Dismisses Rival Offer from Bouygues, Orange, and Iliad

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