Altice USA, Inc. Class A Aktie News

Bouygues Telecom , Orange and Free-iliad Group have signed a memorandum ​of understanding with Altice France to buy telecoms ‌operator SFR for €20.35 billion ($23.44 billion), including debt, the companies said on Saturday. The Bouygues-led consortium had said on Friday that, in ​view of the progress made in the negotiations, ​the parties had given themselves another 48 hours ⁠to finalize the a...

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France's Bouygues, Orange and Free-iliad Group are in exclusive talks with Altice Group for the acquisition of most of its French telecommunications operations.

French telecoms operators Bouygues , Iliad-Free and ​Orange have submitted an ‌improved 20.35 billion euro ($23.97 billion) offer to buy ​most of Altice ​France's assets, the suitors ⁠said in a joint ​statement on Friday.

The talks come after Altice in October rejected a joint nonbinding offer from the three companies to acquire a large part of its business $19.87 billion.