France Telecom eyes Middle East, Africa deals

27 June 2010

France Telecom has said it is considering four or five acquisitions in the Middle East and Africa, and may complete some deals this summer, Bloomberg has reported. The company is identifying targets close to its existing assets, Marc Rennard, executive director for Africa, the Middle East, and Asia, said. The company is not averse to initially buying minority stakes, he said.

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