Altice abandons Media Capital acquisition

Atlice has abandoned its attempt to acquire the leading Portuguese broadcaster and production group Media Capital in the face of lack of progress to secure regulatory approval of the deal. Altice said that, one year after signing the contract and with no outcome of the regulatory process in site, it was calling time on the […]

Numericable and Altice to raise €10bn in high-yield debt

French cable operator Numericable and its controlling shareholder Altice are together issuing high-yield bonds totaling an unprecedented €10 billion as part of their move to finance the acquisition of SFR. Numericable is to raise €6.04 billion from its bond offering, while Altice plans to raise €4.150 billion. JP Morgan is acting for Numericable, while Goldman […]