Bouygues SA, the construction and telecommunications group led by Martin Bouygues, offered 10.5 billion euros ($14.4 billion) in cash for Vivendi SA’s SFR unit, setting up a bidding war with billionaire Patrick Drahi and potentially creating a phone carrier to rival Orange SA.
Bouygues SA, the building and telecommunications company led by Martin Bouygues, is holding a board meeting today to review its bid for Vivendi’s SFR unit, according to a person familiar with the matter.
Numericable SA and its shareholder Altice SA have got nine banks to arrange more than 8 billion euros ($11 billion) of debt to fund a proposed bid for Vivendi SA’s telecommunications unit SFR, according to two people familiar with the matter.
Vevo LLC, the online service partly owned by the world’s two biggest record companies, streamed a third more music videos in 2013, with the pop star Pink’s “Just Give Me a Reason” the most-viewed clip.
Motorola Mobility, which Google Inc. is selling to Lenovo Group Ltd., faces European Union curbs on its legal efforts to thwart Apple Inc. as antitrust regulators seek to boost competition for smartphones and tablets.
Daft Punk, the electronic music duo from France, won five Grammy awards including album of the year, while Macklemore & Ryan Lewis took home four trophies and led an industry show of support for gay marriage.