Latest Altice consumer news: Altice Europe Founder To Take Telecom Co. Private In $3B Buy

From Law360:

Law360 (September 11, 2020, 6:35 PM EDT) — Telecommunications and cable group Altice Europe said Friday that it has agreed to an offer from majority shareholder and founder Patrick Drahi to take the company private in a €2.5 billion (nearly $3 billion) deal guided by five firms.Altice Europe NV, guided by De Brauw Blackstone Westbroek NV, said it would be taken over by Drahi’s Next Private BV vehicle — which is led by Luther SA, NautaDutilh NV and Ropes & Gray International LLP — to promote its long-term success, according to an announcement about the deal. The companies said Altice Europe will subsequently delist from the Euronext Amsterdam…

Continue reading Altice Europe Founder To Take Telecom Co. Private In $3B Buy on Law360

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