Bouygues, Orange Confirm Preliminary Discussions - Quick Facts

(RTTNews) - Bouygues (BOUYY.PK) announced that preliminary discussions have started with Orange (ORAN) to look at the possible options. A confidentiality agreement was signed by the companies. Bouygues said the company will attach decisive importance, in all the discussions it will pursue, to the interests of Bouygues Telecom employees.

Orange also confirmed that it has renewed preliminary discussions with the Bouygues Group with a view to a consolidation with Bouygues Telecom. Orange said the company will be particularly vigilant with regards to the value created through any resulting project.