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The old and the Neuf

18 December 2007 By Pierre Briancon

The French telecom and media conglomerate is in talks to buy Groupe Louis Dreyfus’s 30% stake in telecom operator Neuf Cegetel, of which it already owns 40%, for E2.5bn. As tripleplay broadband becomes ubiquitous, the move may be kicking off the industry s consolidation.

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