France's Numericable SFR makes fresh bid for Bouygues Telecom

Move by Patrick Drahi, owner of Numericable-SFR, to buy rival Bouygues Telecom for 10 billion euros is set to provoke controversy.

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Patrick Drahi, the owner of France's number two telecoms player Numericable-SFR, has offered to buy smaller rival Bouygues Telecom for about 10 billion euros (7.15 billion pounds) in cash, two people familiar with the matter said, reports Reuters.