Bouygues’ board of directors validated an increase in the offer made by the group for the acquisition of SFR, with 11.4 billion euros and 46% of the new group, which values SFR at 14.5 billion d ‘euros. Numéricable’s offer is 10.9 billion euros in cash and 32% of the capital. Patrick Drahi of Altice-Numericable does not wish to make any new offer.
A first committee will meet today at Vivendi, and will be followed tomorrow by a supervisory board in order to study the various proposals. Vivendi has not said its last word and may aim for an IPO of SFR.