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Opposition from smaller Molotov shareholders threatens efforts to close deal with Altice - report

Friday 10 May 2019 | 14:48 CET | News
Molotov has so far failed to make progress in its negotiations with SFR's parent Altice France, which entered exclusive talks to acquire a majority stake in the OTT platform earlier this year, according to unnamed sources quoted by Les Echos. Some of the shareholders in the company, particularly the smaller ones, are reportedly opposed to the conditions of the deal. One source close to the matter said that there is a strong probability that the talks will end without agreement.

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Categories: Internet
Companies: Altice France / Molotov
Countries: France
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