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Vivendi board to study SFR bids over weekend
April 4, 2014 / 6:41 PM / 4 years ago

Vivendi board to study SFR bids over weekend

PARIS, April 4 (Reuters) - France’s Vivendi said its board would continue to work this weekend to evaluate the two offers it had received for its SFR telecom unit, which has been the subject of a month-long bidding war.

Numericable and Bouygues are both vying to buy France’s second-largest telecom operator in a deal that values the target at above 15 billion euros ($20.5 billion).

“The board will continue to work over the weekend,” a spokeswoman for Vivendi said on Friday. ($1 = 0.7303 Euros) (Reporting by Leila Abboud; Editing by James Regan)

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