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General

Altice Europe shareholders get better offer price, withdraw lawsuits against buy-out

Wednesday 16 December 2020 | 10:42 CET | News
Drahi's holding company Next reached an agreement with Altice Europe's minority shareholders to end their opposition to the buy-out offer unveiled in September. Boussard & Gavaudan, Diameter, Elliott, LB Partners, Lucerne, Sessa, Sheffield and Winterbrook Commit have all committed to tender their shares under improved terms, with the offer price increasing to EUR 5.35 per share from EUR 4.11 previously. In exchange, they have also agreed to withdraw pending legal proceedings against the buy-out.

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Categories: General
Companies: Altice Europe
Countries: Europe
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