Bouygues faces crossroads choice on telecoms business

Martin Bouygues, scion of one of France's top industrialist families, must decide on Tuesday whether he is ready to part with the telecoms business that is his main contribution to the conglomerate built by his father. Martin Bouygues has already rebuffed at least two offers for the unit in the past year and as recently as last month Bouygues insisted that Bouygues Telecom could prosper on its own. A 10 billion euro price tag would value the unit as much as the entire Bouygues group before the offer was made public -- and much higher than two previous offers that Bouygues got for about 5.5 billion from Orange and Iliad, and 8 billion euros in an earlier approach from Drahi.

Bouygues faces crossroads choice on telecoms business source: http://finance.yahoo.com/news/bouygues-faces-crossroads-choice-telecoms-103402457.html