The success of the sale of Bouygues Offshore, the oil services subsidiary of Bouygues, has given bankers hope that the French conglomerate might sell more of its holdings.

Saipem, a subsidiary of Italian utility Eni, bought Bouygues' 51% stake in Bouygues Offshore and will make a bid for the rest, valuing the company at €1bn ($906m).

Bouygues sell-off may indicate more to follow

Michael Hoare

Bouygues Offshore

Bouygues

Morgan Stanley

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