Bouygues in talks to buy Engie’s Equans


PARIS: French energy giant Engie SA entered exclusive talks to sell its services unit Equans to conglomerate Bouygues SA for €7.1bil (US$8.2bil or RM34bil) in what would be one of the country’s largest deals this year.

“Bouygues’ offer was the most compelling taking into account all criteria including financial valuation,” Engie, based near Paris, said in a statement Saturday.

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