Thursday, 20 June 2019

Altice nets €1.8bn from partial sale of its French fibre unit

By Chris Kelly, Total Telecom
Friday 30 November 18

The company's share price jumped significantly following the news of the sale

Altice Europe has confirmed the sale of a 49.99 per cent stake in its French fibre network business, SFR FTTH. The stake has been sold to three investment funds, raising €1.8 billion.  Altice Europe's share price rocketed on the Amsterdam Stock Exchange following news of the sale…

Altice Europe has confirmed the sale of a 49.99 per cent stake in its French fibre network business, SFR FTTH. The stake has been sold to three investment funds, raising €1.8 billion.  Altice Europe's share price rocketed on the Amsterdam Stock Exchange following news of the sale…

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