PARIS/LONDON, March 5 Bouygues' bid
for Vivendi's SFR will be financed with cash, debt, and
shares in the newly combined company, and will not require a
capital increase, said two people close to the situation.
Vivendi is expecting offers for France's second-biggest
telecom group from French cable operator Numericable
and Bouygues, sources earlier said, ahead of a 1900GMT
deadline on Wednesday.
"The financing is perfectly lined up and there is no need to
do a cash call," said one of the people.
A spokesman for Bouygues did not return a request for
(Reporting by Sophie Sassard, Leila Abboud, and Gwenaelle