- Vivendi (OTCPK:VIVHY) is offering €250M to Orange (NYSE:ORAN) for most of video-sharing site Dailymotion, according to Le Monde, and Orange's board will meet Tuesday to discuss the bid.
- Orange has been looking for an international partner, and entered into exclusive talks with Hong Kong's PCCW (OTCPK:PCCWY), but PCCW ended those talks as the French government made clear it would prefer a European partner.
- France, which is Orange's biggest shareholder, came in to oppose the 2013 deal where Orange would sell a stake to Yahoo.
- Previously: France may get double votes at Orange in 2016 (Apr. 06 2015)
- Previously: French econ minister: Orange should hear all comers for Dailymotion (Apr. 02 2015)
- Previously: Vivendi fight: Bolloré raises stake again, to 12% (Apr. 02 2015)