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Deals Rumor Mill: Orange, XIO Group, Old Mutual

By Benjamin Horney (April 1, 2016, 5:22 PM EDT) -- Discussions concerning a merger of Orange SA and Bouygues SA have fallen apart, Reuters reported on Friday. According to the report, demands from the French government were too much, and the telecommunications companies have decided to pull out. Rumors of an impending tie-up first sprouted a few weeks ago, but the deal is dead, according to the report. The merger would have reduced the number of major mobile operators in the region from four to three....

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