Both operators do not seem to have found common ground, Orange do not perform redemption of Bouygues Telecom. While the stock market waiting for this moment forward, opening on Monday will probably chaotic. Emmanuel Macron responsible? In recent days, Emmanuel Macron has added new requirements to repurchase Bouygues. Both operators do not seem to have found common ground, Orange do not perform redemption of Bouygues Telecom. While the stock market waiting for this moment forward, opening on Monday will probably chaotic.
Emmanuel Macron responsible?
In recent days, Emmanuel Macron has added new requirements to repurchase Bouygues Telecom Orange. Conditions deemed unacceptable by Martin Bouygues, who preferred to end the negotiations. Criticized by Bouygues for its "unacceptable" demands, the Ministry of Economy strove Saturday to limit its liability in the breakdown of negotiations. Bercy says are we in essence, merely applied the rules set out: maintaining employment and the sector's ability to invest, price stability and preserve the majority position of the State shareholder in Orange.
Orange and Bouygues Telecom will not marry
This case had already ended last Wednesday, but additional time was requested. Many experts believed that the postponement was a bad omen, they have not been wrong. Bouygues Telecom and Orange have decided to put an end to all discussions. A person close to the case stated that it was very complex. Indeed, the two operators were not the only ones to converse for the future of Bouygues Telecom. There the state seems to have further complicated the negotiations because of fears about the percentage dedicated to capital. In addition, two players were the appointment and according to statements made at the Express by a person of this case, there were sticking points.
Free did not want to bear the entirety of the Bouygues Telecom network
Yet much of the merger was approved, but these differences have terminated the redemption. Marriage Orange and Bouygues Telecom will not happen, it is therefore the Stock Exchange will be the first affected when opening Monday. Already, the postponement of the deadline melted titles of all operators including SFR and Orange. The Exchange greatly appreciated a return to three players in the mobile phone market, the end of the negotiations should lead to further decline. As regards the points of divergence, there asset allocation. The parent company of Free did not want to bear the entirety of the Bouygues Telecom network.
Martin Bouygues did not want to see the fusion rate
Xavier Niel is also singled out, since several conditions have ruined the chances of a merger. sharing agreements were the focus of discussion, but they were not alone. The risk of execution was announced, because Orange was to take over a large part of it because of the unknown ARCEP decision. Those are the concerns of Free and SFR which added an additional inconvenience. Finally, the price asked by Bouygues Telecom was not the one expected. Martin Bouygues did not want, and that at any time revise the price of the merger.
But one cause of this abandonment would be sought in the personality of Martin Bouygues. "He wanted to sell as we inherit, being the boss," says a close case. Now, with Bercy requirements that would limit its presence in the capital of Orange and its access to the governance of the group, Martin Bouygues would "not stand that someone can be above it and decide." Bouygues Telecom and its 7000 employees therefore find themselves alone. If for the CGT, this issue "is not bad news," the CFDT Bouygues and Orange see it as "a missed opportunity which increases the risk of employment."
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http://www.newsongshd.com/Emmanuel Macron responsible?
In recent days, Emmanuel Macron has added new requirements to repurchase Bouygues Telecom Orange. Conditions deemed unacceptable by Martin Bouygues, who preferred to end the negotiations. Criticized by Bouygues for its "unacceptable" demands, the Ministry of Economy strove Saturday to limit its liability in the breakdown of negotiations. Bercy says are we in essence, merely applied the rules set out: maintaining employment and the sector's ability to invest, price stability and preserve the majority position of the State shareholder in Orange.
Orange and Bouygues Telecom will not marry
This case had already ended last Wednesday, but additional time was requested. Many experts believed that the postponement was a bad omen, they have not been wrong. Bouygues Telecom and Orange have decided to put an end to all discussions. A person close to the case stated that it was very complex. Indeed, the two operators were not the only ones to converse for the future of Bouygues Telecom. There the state seems to have further complicated the negotiations because of fears about the percentage dedicated to capital. In addition, two players were the appointment and according to statements made at the Express by a person of this case, there were sticking points.
Free did not want to bear the entirety of the Bouygues Telecom network
Yet much of the merger was approved, but these differences have terminated the redemption. Marriage Orange and Bouygues Telecom will not happen, it is therefore the Stock Exchange will be the first affected when opening Monday. Already, the postponement of the deadline melted titles of all operators including SFR and Orange. The Exchange greatly appreciated a return to three players in the mobile phone market, the end of the negotiations should lead to further decline. As regards the points of divergence, there asset allocation. The parent company of Free did not want to bear the entirety of the Bouygues Telecom network.
Martin Bouygues did not want to see the fusion rate
Xavier Niel is also singled out, since several conditions have ruined the chances of a merger. sharing agreements were the focus of discussion, but they were not alone. The risk of execution was announced, because Orange was to take over a large part of it because of the unknown ARCEP decision. Those are the concerns of Free and SFR which added an additional inconvenience. Finally, the price asked by Bouygues Telecom was not the one expected. Martin Bouygues did not want, and that at any time revise the price of the merger.
But one cause of this abandonment would be sought in the personality of Martin Bouygues. "He wanted to sell as we inherit, being the boss," says a close case. Now, with Bercy requirements that would limit its presence in the capital of Orange and its access to the governance of the group, Martin Bouygues would "not stand that someone can be above it and decide." Bouygues Telecom and its 7000 employees therefore find themselves alone. If for the CGT, this issue "is not bad news," the CFDT Bouygues and Orange see it as "a missed opportunity which increases the risk of employment."
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