Altice France sells stake in fibre unit for 1.8 bln euros
30/11/2018 09:04 RSF
PARIS, Nov 30 (Reuters) - Telecoms and cable group Altice Europe (
ATC.AS) on Friday said its French unit had agreed to sell a 49.99 percent stake in its SFR FTTH fibre optic business to three investment funds for 1.8 billion euros ($2.05 billion).
Allianz Capital Partners, AXA Investment Managers and OMERS Infrastructure were investing in the unit, Altice added, in a deal that valued the division as a whole at 3.6 billion euros.
($1 = 0.8783 euros)
Galassia Altice tutta in risalita