The transaction values the company at 9.100 billion dollars (8.106 million euros). BC Partners and CPP Investment, which bought the company in 2012 by 1,990 million dollars, will hold a 30% stake.
is the seventh Suddenlink cable company in the US, with 1.5 million customers residential and 90,000 business and a strong presence in states like Texas, West Virginia, Louisiana, Arkansas and Arizona.
The group posted revenue of 2,300 million dollars in 2014, year in which its operating results before depreciation and amortization (EBITDA) reached $ 900 million.
Altice controlled by French billionaire Patrick Drahi, Altice listed on the Dutch stock exchange, where part of the country’s main index, the AEX 25.
The company operates in countries such as France, Belgium, Luxembourg, Portugal, Israel, Switzerland and Dominican Republic.
Next enlargement.
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