PARIS, May 26 (Reuters) – Atos is to buy Bull
in an all-French IT sector deal worth 620 million euros
($845 million) to create the top Europe-based cloud computing
company and a major player in cybersecurity.
The companies said a combined Atos and Bull, currently
numbers 5 and 10 respectively in cloud computing in Western
Europe, would leap to the fast-growing industry’s number-two
spot by revenue behind U.S.-based Amazon and ahead of
LONDON/PARIS (Reuters) – Canadian pension fund PSP Investment is making a surprise comeback in the race to buy broadcasting masts group TDF’s French unit, opening a new episode in a protracted selloff saga, said three sources familiar with the matter.
PSP Investment is taking advantage of rival bidder Dering Capital’s difficulties in financing its bid, which sources previously said came at about 3.7 billion euros ($5.07 billion).
PARIS/LONDON (Reuters) – French telecoms market leader Orange is in talks about a tie-up with Bouygues Telecom, France’s economy minister said on Friday after two sources said the discussions could lead to Orange acquiring its smaller rival.
The discussions bring Orange, the former France Telecom monopoly, into the frame for the first time in moves to consolidate the industry, but other industry sources wondered how far talks could go between the biggest and third-biggest mobile service providers, given the likely antitrust hurdles.
PARIS/LONDON, May 16 (Reuters) – French telecoms market
leader Orange is in talks about a tie-up with smaller
Bouygues Telecom, France’s economy minister confirmed on Friday,
after two sources said the discussions could lead to Orange
acquiring the business.
Asked in a TV interview about reports of the talks, French
Economy Minister Arnaud Montebourg said “they exist” but that
there were “multiple discussions” taking place in the industry.
PARIS, May 15 (Reuters) – French media and telecoms group
Vivendi said on Thursday a tighter focus on media and
content should drive growth in 2014, as it posted first-quarter
sales in line with forecasts after the sale of SFR.
Chief Financial Officer Herve Philippe said the slimmed-down
firm would offer more detail on its growth plans once a new
management team, which is expected to include top shareholder
Vincent Bollore, was selected in June.
PARIS (Reuters) – France’s Marine Le Pen sees her far right National Front joining force with other Eurosceptic parties in the next European Parliament to block a major transatlantic trade pact billed by supporters as vital for global growth and jobs.
In an interview with Reuters less than two weeks before the May 25 European Parliament election, Le Pen forecast that anti-EU parties would together win enough seats to form a political group in the legislature, gaining access to increased EU funding and a greater say in the assembly’s running.
PARIS, May 9 (Reuters) – Advertising agency Publicis
will probably return money to shareholders and pursue
smaller acquisitions this year as it seeks to get back on track
after the failure of a $35 billion merger with U.S. peer Omnicom
Chief Executive Maurice Levy told Reuters in an interview on
Friday that the board backed him to stay on despite what was
arguably the biggest setback of his more than 30-year tenure.
PARIS, April 29 (Reuters) – France’s biggest telecom
operator Orange has continued cutting costs on
everything from staff to mobile phone marketing, allowing it to
hold profit margins steady despite lower sales across its major
The group on Tuesday posted first-quarter sales and
operating profit that met expectations and confirmed its goal
for 12-12.5 million euros ($16.6-17.3 million) in earnings
before interest, tax, depreciation and amortisation (EBITDA)
PARIS (Reuters) – Advertising agency Publicis, which is merging with larger rival Omnicom, achieved 3.3 percent revenue growth on a comparable basis in the first quarter, helped by strong digital sales and an uptick in China and Europe.
Publicis, the first major ad group to post results for the period, said revenue was 1.6 billion euros ($2.21 billion). The average estimate of analysts was 1.62 billion and organic growth of 3 percent, according to company-provided figures.
PARIS, April 17 (Reuters) – Advertising agency Publicis
, which is merging with larger rival Omnicom,
achieved 3.3 percent revenue growth on a comparable basis in the
first quarter, helped by strong digital sales and an uptick in
China and Europe.
Publicis, the first major ad group to post results for the
period, said revenue was 1.6 billion euros ($2.21 billion). The
average estimate of analysts was 1.62 billion and organic growth
of 3 percent, according to company-provided figures.