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Bouygues raises offer for Vivendi SFR-Reuters


Thursday, 20 Mar 2014 12:57pm EDT 

Bouygues SA:Improves offer for Vivendi's mobile phone unit SFR to compete with Numericable, already in exclusive talks with Vivendi - Reuters.Raises cash component of its offer by 1.85 billion euros ($2.55 billion) to 13.15 billion euros from 11.3 billion previously.Under its initial proposal, Bouygues offered Vivendi 11.3 billion euros in cash and 43 pct stake in combined entity.New offer considers 67 pct stake. 

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