Orange rebuffs talk of Atos takeover - Channelweb UK

The French telecoms giant has issued a statement rejecting rumours a bid to takeover fellow French player, Atos, was in the works.

The influential French labour union CFE-CGC is then alleged to have supported plans to use the money to invest in an Atos takeover bid.
Local trade union press L'Usine Nouvelle claims CFE-CGC issued a letter to members calling a potential Orange-Atos merger "a profitable marriage for both groups".