Belgian telco Belgacom has agreed to divest 100% of the shares in IT services company Telindus France in a deal with Vivendi worth €95 million.
Belgacom is shedding the asset for €95 million on a cash and debt free basis, with the binding agreement reached with Vivendi following exclusive talks between the firms in February.
Belgacom said that Groupe Telindus France generated pro-forma revenues of €241 million and EBITDA of €11 million in 2013.
The deal is subject to approval by the French Competition Authorities.
RT @accedotv: We were shortlisted not once but twice at the #VIAwards20 from @digitaltveurope!
#AccedoOne was nominated for 'Advanced TV In…
19 October 2020 @ 14:31:15 UTC
RT @Irdeto: We are excited to be shortlisted in @digitaltveurope #VIAwards20 in the categories of: Advanced TV Innovation of the Year, #Clo…
19 October 2020 @ 12:57:46 UTC
From money pit to honey pot. How to transform your video delivery into a money making machine – Download the Divite… twitter.com/i/web/status/1…
19 October 2020 @ 12:30:00 UTC
#LFP threatens to abandon @GrupoMEDIAPRO deal after payment failure #Ligue1 #telefoot digitaltveurope.com/2020/10/19/lfp…
19 October 2020 @ 11:53:19 UTC
.@HumaxUK launches first #AndroidTV-powered @FreeviewTV Play recorder digitaltveurope.com/2020/10/19/hum…
19 October 2020 @ 11:34:12 UTC
