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General

Altice accused of gun-jumping regulatory approval in PT deal

Thursday 18 May 2017 | 12:21 CET | News
The European Commission has accused Altice of breaching EU merger rules by implementing its acquisition of telecommunications operator PT Portugal before notification or approval by the Commission. Altice said it does not agree with the European Commission's preliminary conclusions, and will submit a full response to the statement of objections to contest the matter. The investigation proceedings do not affect the approval granted by the European Commission for the acquisition of PT Portugal by Altice in April 2015.

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Categories: General
Companies: Altice Europe / European Commission / PT Portugal
Countries: Portugal
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