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General

Altice to move holding company to Netherlands

Friday 26 June 2015 | 11:11 CET | News
Altice announced plans to shift its holding company to the Netherlands from Luxembourg. The company's shares are already listed in Amsterdam, and Altice said the move will strengthen the value of its shares as currency for acquisitions. The new company Altice NV will make an offer to acquire the shares of Altice SA, which is assigned an enterprise value of EUR 61.9 billion and equity value of EUR 32.5 billion. This is an increase of 557 percent since the IPO of Altice in January 2014. Prior to the takeover, substantially all of the company's assets will be transferred to its Luxembourg

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Categories: General
Companies: Altice Europe
Countries: France / Netherlands
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