French cablenet Altice has raised an additional €911 million through the issue of 17.9 million ordinary shares.
Approval for SFR-Numericable purchase
Vivendi, Altice and Numericable have confirmed a definitive agreement in the sale of the SFR mobile network to Numericable.
Altice grows Numericable share
Altice has acquired a further 2.6% stake in Numericable Group, picking up equity previously held by Pechel and Five Arrows.
Vivendi sells SFR to Altice for €17 bn
Vivendi agreed to sell SFR, France’s second-largest mobile operator, to Altice/Numericable in a deal that could value the business at more than €17 billion.
Vivendi to sell SFR to Numericable
Vivendi has reached an agreement to sell its French mobile subsidiary, SFR, to cable operator /Numericable, according to Les Echos.
Altice successful IPO raises €1.3 bn
Altice shares climbed 4.5% to €29.53 on the first day of trading in Amsterdam, giving the company a market value of €6.1 billion.
Altice intends to float on Amsterdam NYSE Euronext
Altice S.A, the holding company of the Numericable cable nets, has announced it intends to launch an IPO on the Amsterdam Stock Exchange.
Altice grows Numericable share
Altice, the investment vehicle of Patrick Drahi, has taken its share in French cablenet Numericable to 40%.
Mixed fortunes for Altice cablecos
Israel’s HOT remains by far and away Altice’s most lucrative cable asset.
Altice acquires Cabovisao for €45m
Montreal-based Cogeco Cable has sold its Portuguese subsidiary, Cabovisao – Televisao por Cabo SA, to European group Altice for €45million. Cogeco acquired Cabovisao for $660 million (€496 million) in 2006.