April 16, 2018 / 3:19 PM / 5 months ago

Altice says SFR an essential asset, no comment on reported Bouygues bid

PARIS, April 16 (Reuters) - A spokesman for Altice said on Monday that its French telecoms unit SFR was one of the group’s essential assets, part of its industrial and long term project.

It declined to comment specifically on a Bloomberg news report that Bouygues was weighing a bid for it.

The report had sent Amsterdam-listed Altice shares up 8 percent before paring gains to 6 percent.

Bloomberg said in the report that deliberations were said to be in the early stage.

Reporting by Mathieu Rosemain Writing by Bate Felix Editing by Ingrid Melander

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