Bouygues Makes Offer for Engie's Equans
September 07 2021 - 12:45PM
Dow Jones News
By Ed Frankl
Bouygues said Tuesday that it had submitted a nonbinding offer
to Engie to acquire its technical-services provider Equans.
The proposed acquisition forms part of the French construction
and media conglomerate's strategy aimed at creating a major player
in multitechnical services, the company said.
Chief Executive Olivier Roussat previously said in late August
that Bouygues intended to make a bid for Equans.
Bouygues added that it won't require a capital increase to
finance the acquisition.
The company will disclose more information to the market in due
course if necessary, it said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
September 07, 2021 12:30 ET (16:30 GMT)
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