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Funding Round · European Union ·

French Firms Raise SFR Bid to €20 Billion to Consolidate Market

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A consortium of French phone carriers got a step closer to buying billionaire Patrick Drahi’s SFR, proposing a €20.4 billion ($24 billion) deal that would eliminate a competitor from the market and test the European Union’s appetite for consolidation.

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#Funding Round #European Union