PARIS Oct 4 The French market watchdog's
decision to block a buyout offer for SFR by Altice was "totally
incomprehensible" and sent a signal of unpredictability that
could hurt Paris as a financial centre, Altice CEO Michel Combes
said on Tuesday.
The AMF watchdog said earlier on Tuesday that the offer by
Altice to buy the shares it did not already own in
telecoms group SFR did not comply with rules - a rare
decision to oppose a share buyout.
Combes told Reuters he would not review the terms of the SFR
(Reporting by Gwenaelle Barzic; writing by Ingrid Melander;
editing by David Clarke)