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Vivendi accepts Numericable-SFR, Altice offer

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Multinational cable and telecommunications company Altice, founded by telecoms entrepreneur Patrick Drahi, has entered into the final agreements with Vivendi regarding the acquisition of the 20 per cent stake Vivendi owns in France’s second-largest telco Numericable-SFR for a price of €40 per share. The transaction carried out via its subsidiary Altice France, and Numericable-SFR, follows approval by Vivendi’s Supervisory Board […]

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