PARIS, March 5 Bouygues has promised
to deliver 10 billion euros ($13.7 billion) worth of cost
savings from its proposed combination with larger mobile
telecoms rival Vivendi's SFR, according to a report in
Le Figaro newspaper.
Bouygues' offer, which was expected to be submitted to
Vivendi by 1900 GMT, would leave Vivendi will a 40 percent stake
in the newly-created company, the paper said without citing
The company will not sell its stake in train and turbine
maker Alstom to finance the deal, the report said.
To read le Figaro story, please click here: link.reuters.com/dah47v
($1 = 0.7278 Euros)
(Reporting by Leila Abboud; Editing by Andrew Callus)