Vivendi agrees €17 billion SFR sale to Altice/Numericable

Vivendi has agreed to sell French telco SFR to Altice/Numericable, which has fended off competition from rival bidder Bouygues to clinch a deal worth “in excess of €17 billion”. Confirming the agreement, Vivendi said that the Altice/Numericable offer delivered the highest value for SFR’s customers, employees and shareholders. Vivendi will receive €13.5 billion at the closing […]