FinNotes

3 matches across 1 sections

Market news & articles

Deals & Capital Markets · 2 hours ago

Bouygues, Orange and Iliad sign MoU to acquire Altice France’s SFR in €20.35bn deal including debt

Bouygues Telecom, Orange and Iliad’s Free unit signed a memorandum of understanding with Altice France to buy SFR for an enterprise value of €20.35 billion including debt, subject to regulatory approval. The indicative split is about 42% Bouygues, 31% Iliad and 27% Orange, with break-up fees of €0.1–€2.0 billion.

Finance & Banking · 2 hours ago

Philippine anti-graft court dismisses remaining asset claims in long-running Marcos forfeiture case

The Sandiganbayan, the Philippines’ anti-graft court, dismissed the remaining asset claims in a civil forfeiture case involving the heirs of former president Ferdinand Marcos, ending litigation that had lasted more than 30 years. Media reports said the government previously secured partial summary judgments ordering forfeiture of $658 million in Swiss deposits.

Finance & Banking · 2 hours ago

China securities regulator drafts fund-industry reform plan targeting long-term returns and lower fees

China’s securities regulator said it is preparing a reform plan for the fund management industry focused on improving long-term investor returns, reducing fees, and tightening oversight of market activity. It also outlined a three-year implementation plan for related guidance and said it will encourage private securities funds to adopt long-term, value-oriented investment approaches.