Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
PARIS Oct 4 French financial markets regulator AMF said on Tuesday that Altice's all-share buyout offer for SFR, does not comply with rules.
Altice, the Luxembourg-based telecoms and media group controlled by Franco-Israeli billionaire Patrick Drahi, has said it wants to simplify the group's structure by exchanging 8 Altice class A shares for 5 SFR Group shares for the outstanding 22.25 percent of SFR shares it does not own.
AMF said it will publish a detailed decision soon.
(Reporting by Bate Felix; Editing by Ingrid Melander)
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