Sunday, April 3, 2016

Repurchase Bouygues Telecom Bouygues Martin puts the failure on behalf of Free – Le Parisien

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” This negotiation then, politically, could have resulted, “says Martin Bouygues.
AFP / ERIC PIERMONT

According to the CEO of the Bouygues group, interviewed by Le Figaro, the lack of will one of the four operators to see the result is the cause of the failure of negotiations. Welcoming “the very important work of Stéphane Richard,” the CEO of Orange, who led the negotiations, Martin Bouygues observed that “if we were four in the table, there were only three want to lead.”

“The conditions for a transaction simply were not met,” he laments. The sale of Bouygues Telecom with Orange cohosh should be, some of the assets being purchased by Iliad-Free and SFR. “Obviously, one of the protagonists harbored the ambition to have the maximum pay the minimum, while keeping the possibility to withdraw,” he regretted not want to give names. Asked about the fact whether it meant Xavier Niel, head of Free, Martin Bouygues said simply: “I leave everyone free of his interpretations”

“The. operation was not vital for Bouygues Telecom ‘

Martin Bouygues details the disagreement with the Agency for state participation (EPA), Orange shareholder, with which he also conducted negotiations, explaining that they were not prohibitive. “I wanted to be a shareholder Bouygues, certainly a minority but significant Orange” or “the EPA vision reduced us to a minority shareholder role, with very few rights, while asking us to pay the price a majority stake. “

” that said, this is not what ultimately blocked the operation, “he nuance. “This negotiation then, politically, could have resulted, he said. Martin Bouygues has insisted that “this operation was not vital to Bouygues Telecom.” “Some people thought I was bluffing and that I negotiated back to the wall”, but the boss of Bouygues said he was “not worried” about the future of Bouygues Telecom. “The company is perfectly viable in a market four,” he says

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Economy

Acquisition of Bouygues Telecom: Martin Bouygues lays the failure on behalf of Free

Two days after announcing the end of negotiations on the acquisition of Bouygues Telecom, Bouygues Martin explains. According to the CEO of the Bouygues Group, interviewed by Le Figaro, the unwillingness of one of the four operators to see …

http://www.leparisien.fr/economie/rachat-de-bouygues-telecom-martin-bouygues-met-l-echec-sur-le-compte-de-free-03-04-2016-5683679.php

2016-04-03 10:03:00 p.m.

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economic News, Economy, Industry, 2016, redemption,, Bouygues telecom, martin Bouygues, met, failure

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