StreetAccount M&A Summary: Week of 8-Dec
Banks, luxury, travel/leisure the best performers; healthcare, retail and tech the main laggards:
Altice France reportedly received at least four non-binding offers to take over part of SFR's network -- La Tribune
StreetAccount Summary - European pre-market trading update
Orange signs binding agreement with Lorca to acquire their 50% stake in MasOrange for €4.25B in cash (€13.68, 0.00)
Bouygues, Free and Orange weighing expanded bid to acquire SFR that would also include other assets from Altice France - FT
Autos, energy and banks the best performers; basic resources, real estate and utilities main laggards:
European macro headlines:
Orange announces non-binding agreement with Lorca to acquire full ownership of MasOrange through acquisition of remaining 50% stake in its Spanish JV for a price of €4.25B in cash (€13.84, 0.00)
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