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Altice acquires more shares in Numericable-SFR

facade_campus_sfr_maxime_dufour__photographies_3Altice has acquired a further tranche of shares in Numericable-SFR and has completed the sale of its Réunion and Mayotte service provider to Madagascar’s Hiridjee Group.

Altice has just short of 1.3 million Numericable-SFR shares for €64.6 million, paying €49.75 a share.

Separately, Altice has completed the sale of its Outremer Telecom mobile unit in the French overseas territories of Réunion and Mayotte to Hiridjee Group, part of its commitments made to secure regulatory approval for the Numericable-SFR acquisition.