India, April 17 -- Bouygues Telecom, the Free-iliad Group and Orange (ORAN,ORA.PA) have submitted an offer and are starting negotiations with the Altice France group with a view to acquiring SFR. The offer reflects a total enterprise value of 20.35 billion euros for the Altice France assets under consideration. The split of price and value between buyers would be around 42% for Bouygues Telecom, 31% for the Free-iliad Group and 27% for Orange. Altice France has granted an exclusivity period to the Consortium until 15 May 2026 in order to finalize the terms.
The offer covers the acquisition of the majority of assets operated by Altice France-SFR, excluding shareholdings in ACS/Intelcia, XP Fibre, Ultraedge and Altice Technical Services, as ...