BUZZ-Bouygues, Orange jump after joint bid to buy French rival SFR

Reuters

2025/10/15

BUZZ-Bouygues, <a href="https://laohu8.com/S/FNCTF">Orange</a> jump after joint bid to buy French rival SFR

** Shares in Bouygues BOUY.PA and Orange ORAN.PA rise after the French telecom operators submitted a non-binding offer to buy Altice France-owned SFR

** Bouygues Telecoms, Iliad-owned Free and Orange bid 17 billion euros ($19.78 billion) for most of Altice France's assets, excluding stakes in several fibre assets and the activities in French overseas departments and regions

** Shares in Bouygues rise 8.5% to their highest price since mid-May, 2018

** Those in Orange, up 4.4%, are on track for their biggest daily rise since February, 2023 if gains hold

($1 = 0.8596 euros)

(Reporting by Gianluca Lo Nostro)

((gianluca.lonostro@thomsonreuters.com;))

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