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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bouygues | EU:EN | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.64 | -4.49% | 34.92 | 34.92 | 34.94 | 34.93 | 34.66 | 34.71 | 242,132 | 10:45:17 |
By Mauro Orru
Bouygues SA and RTL Group SA have signed agreements to merge French TV networks Television Francaise 1 SA and M6-Metropole Television SA, a move set to create a streaming-focused French operator.
The companies entered into exclusive talks in May over a merger between Bouygues-controlled TF1 and RTL-controlled M6.
Bouygues said Thursday that the signing came after employee representative bodies of the French construction-and-media conglomerate, TF1 and M6 all issued favorable opinions on the proposed merger.
The transaction should close by the end of 2022.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
July 08, 2021 12:45 ET (16:45 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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