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Broadband

Altice fibre JV to acquire French infrastructure operator Covage for EUR 1 bln

Monday 25 November 2019 | 10:13 CET | News
Altice Europe announced that its French fibre venture SFR FTTH has agreed to acquire infrastructure operator Covage for a total cash consideration of EUR 1.0 billion. The deal was reached with the operator's two main shareholders, private equity firm Partners Group and Cube Infrastructure Fund. The latter was reported to have hired Morgan Stanley earlier this year to find a buyer for its 50 percent stake in Covage.

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Categories: Fixed
Companies: Altice Europe / Covage
Countries: France
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