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SFr.
abbreviation
(in Switzerland) franc; francs.
Example Sentences
The French company, owned by billionaire Patrick Drahi, this week rejected a $20 billion joint nonbinding offer from Bouygues, Orange and Free-iliad Group for most of its telecom activities, known as SFR.
The U.S. bank views a sale positively given SFR’s double-digit Ebitda decline, regulatory hurdles, and lack of viable alternatives.
The three French telecom majors put in a nonbinding offer on Tuesday for most of the assets of Altice’s SFR.
Bouygues would have taken SFR’s mobile network in less densely populated areas, the companies said.
Luxury stocks rallied after LVMH’s result hinted at recovery for the sector, and telecommunications companies were up after a group of operators put forward a joint offer to buy most of the assets of Altice’s SFR.
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