Bouygues nevertheless seeks 15 percent of Orange after tie-up

Bouygues (BOUY.PA) is still in search of a stake of about 15 percent in Orange oran.pa after tie-up, a spokesman said on Wednesday, clarifying an in advance declaration from the organisation's chief executive officer.

Martin Bouygues told a news convention in advance in the day that a ten to fifteen percent stake in Orange after the tie-up of the two French operators would be quality.

The organisation's spokesman Pierre Auberger stated Bouygues the 10 to fifteen percentage stake cited by using the CEO turned into no longer after the very last deal but in connection with the part that would be paid through a capital boom by using Orange so one can restrict the dilution of the government's proportion inside the corporation.

Orange has been in talks given that early January to shop for Bouygues Telecom for about 10 billion euros ($11 bln) in coins and shares in a deal that could make Bouygues the largest shareholder in Orange after the French authorities.