Bouygues Telecom, Free–Groupe iliad, and Orange have submitted a €17 billion non-binding joint offer to acquire most of Altice’s telecom activities in France, including SFR. The proposal implies a total enterprise valuation of more than €21 billion for Altice France. This is not a traditional M&A transaction: it’s a coordinated restructuring of a strategic national…
In July 2025, the acquisition of SFR, owned by Patrick Drahi’s Altice Group, has not yet been finalized. However, several scenarios and potential buyers are being discussed in the media and recent analyses. Below is a summary of the available information: Potential interested parties: 1. French operators 2. Foreign operators Possible scenarios 1. Breakup and…