Press releaseParis, 15 October 2025 Bouygues Telecom, Free-iliad Group and Orange joint statement following the rejection of their acquisition bid by Altice France Bouygues Telecom, Free-iliad Group and Orange have taken note of the Altice group's decision to reject their joint non-binding offer submitted on the evening of 14 October to acquire a large part of Altice France's telecoms activities. The three operators remain convinced of the relevance of their bid and of the value of the project they are purs ...

Press release Paris, 15 October 2025 Bouygues Telecom, Free-iliad Group and Orange joint statement following the rejection of their acquisition bid by Altice France Bouygues Telecom, Free-iliad Group and Orange have taken note of the Altice group's decision to reject their joint non-binding offer submitted on the evening of 14 October to acquire a large part of Altice France's telecoms activities. The three operators remain convinced of the relevance of their bid and of the value of the project they are pur ...

Altice France, the owner telecoms firm SFR, has rejected a bid from three French rivals to buy the operator, Altice CEO Arthur Dreyfuss told staff in a memo on Wednesday, setting back a potential deal... ...

Core Viewpoint - Bouygues Telecom, Free-iliad Group, and Orange have submitted a joint non-binding offer to acquire a significant portion of Altice's telecommunications activities in France, aiming to ensure service continuity for SFR customers in a mature market [1][2]. Summary by Sections Offer Details - The joint offer has a total enterprise value of €17 billion for the targeted Altice group assets in France, implying an enterprise value of over €21 billion for the entire Altice France [2]. - The proposed distribution of the targeted activities is approximately 43% for Bouygues Telecom, 30% for Free-iliad Group, and 27% for Orange [2]. Conditions and Process - The submission of a confirmatory offer is contingent upon the seller's acceptance, completion of due diligence, and a financial and operational assessment [3]. - The transaction will require prior consultation with employee representative bodies and clearance from relevant regulatory authorities before completion [3]. Transition and Management - Any assets that cannot be immediately transferred will be managed by a joint company during a transition period, allowing for the gradual migration of customers, relying on Altice group employees [4]. Business Segmentation - The B2B business will primarily be taken over by Bouygues Telecom and Free-iliad Group, while the B2C business will be shared among Bouygues Telecom, Free-iliad Group, and Orange [6]. - Infrastructure and frequencies will also be shared among the three operators, except for SFR's mobile network in less densely populated areas, which will be taken over by Bouygues Telecom [6].

Core Viewpoint - Bouygues Telecom, Free-iliad Group, and Orange have submitted a joint non-binding offer to acquire a significant portion of Altice's telecommunications activities in France, aiming to ensure service continuity for SFR customers in a mature market [1][2]. Group 1: Offer Details - The total enterprise value of the assets concerned in France is €17 billion, with an implied enterprise value for the entire Altice France exceeding €21 billion [2]. - The proposed distribution of the targeted activities is approximately 43% for Bouygues Telecom, 30% for Free-iliad Group, and 27% for Orange [2]. Group 2: Transaction Conditions - The submission of a confirmatory offer is contingent upon the seller's acceptance, completion of due diligence, and a financial and operational assessment that validates the assumptions of the indicative offer [3]. - The transaction will require prior consultation with employee representative bodies and must be approved by relevant regulatory authorities before completion [3]. Group 3: Transition Management - Any assets that cannot be immediately transferred will be managed by a joint company during a transition period, allowing for the gradual migration of customers, with reliance on Altice group employees [4]. Group 4: Business Segmentation - The B2B business will primarily be taken over by Bouygues Telecom and Free-iliad Group, while the B2C business will be shared among Bouygues Telecom, Free-iliad Group, and Orange [7]. - Other assets, including infrastructure and frequencies, will also be shared among the three operators, except for SFR's mobile network in less densely populated areas, which will be taken over by Bouygues Telecom [7].

Telecoms company alerted wrong email address during deadly outage https://t.co/dtXFyG0U1L ...

CEO.CA's Inside the Boardroom: How MiMedia Plans to Redefine the Consumer Cloud ExperienceOctober 07, 2025 8:15 AM EDT | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - October 7, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in venture stocks, shares exclusive updates with CEOs and executives from around the globe.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and ...

Former footballer David Beckham owns a minority stake in DRJB Holdings through his company Footwork Productions Sir David Beckham is in line for a $34m (£25m) payout after advertising tie-ups with the likes of Stella Artois and Hugo Boss delivered a record year for his brand. DRJB Holdings, the holding company that oversees the former footballer’s separate brand and TV production business, paid dividends of $75.7m to shareholders including Sir David, according to newly-filed accounts. The former Manches ...

Core Insights - Telenor Group and Vodafone Group have announced a strategic partnership between their global procurement organizations to enhance procurement capabilities and leverage combined purchasing power [1][3][5] - The partnership aims to create value for customers and unlock savings through collaboration, while also strengthening supply chain resilience in a changing geopolitical landscape [3][4] - Telenor and Vodafone together serve over 550 million customers across 23 countries, with a combined annual procurement spend exceeding €26 billion (NOK 300 billion) [2] Group 1 - The partnership is designed to deepen supplier engagement and promote sustainable business practices, emphasizing high standards of environmental and social responsibility [4][5] - Telenor's Chief Procurement Officer highlighted that the collaboration will enhance competitiveness and address common challenges in the global supplier landscape [5] - Vodafone's Supply Chain Management Director expressed excitement about the collaboration, noting it will drive efficiencies and innovation while simplifying partner engagement [5] Group 2 - Telenor Group operates in the Nordics and Asia, reaching 207 million subscribers and reporting revenues of NOK 79.9 billion in 2024 [10] - Vodafone Group is a leading telecom company in Europe and Africa, serving over 355 million mobile and broadband customers and managing one of the world's largest IoT platforms with 215 million connections [12]

Group 1: Energy Sector Insights - Energy companies such as Petrobras (PBR), Equinor (EQNR), Shell (SHEL), TotalEnergies (TTE), and Ecopetrol (EC) exhibit strong cash generation capabilities, with Petrobras showing an Acquirer's Multiple (AM) of 4.1 and a free cash flow (FCF) yield of approximately 35.4% [1][2] - Equinor has an AM of 2.6 and an FCF yield of around 11.8%, while Shell and TotalEnergies have AMs of 7.6–7.8 with FCF yields of approximately 12.7% and 8.5%, respectively [2][3] - Ecopetrol rounds out the energy group with an AM of about 8.0 and an FCF yield of approximately 14.0%, indicating a market perception of declining demand [3] Group 2: Financial Sector Insights - In the financial sector, Synchrony Financial (SYF) leads with an AM of 2.4 and an FCF yield of around 35.1%, reflecting concerns over the credit cycle [3] - Bank of New York Mellon (BK) also has an AM of 2.4 with an FCF yield of approximately 3.1%, while Prudential PLC (PUK) shows an AM of 3.7 and an FCF yield of about 3.8% [3] Group 3: Broader Market Trends - The clustering of high cash returns in energy and financial sectors suggests that these industries are undervalued despite strong fundamentals, with energy being perceived as a sunset industry [4] - The current market environment, characterized by concentrated fear, may provide opportunities for patient investors seeking high cash returns, buybacks, and dividends [4][5] - The analysis indicates that energy continues to lead in deep-value opportunities, with financials closely following, presenting a favorable scenario for long-horizon investors [5]