Exane BNP Paribas downgrades Numericable-SFR on Bouygues concerns
The acquisition of Bouygues Telecom by Numericable-SFR, which is widely expected by investors in France, could be less attractive than anticipated, according to analysts at Exane BNP Paribas. In a note reported in the French press, Exane BNP Paribas has downgraded its rating of Numericable-SFR from neutral to underperform on the basis that an acquisition […]