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Telenet, Orange, Apax bid for SFR BeLux - report

Friday 2 September 2016 | 10:29 CET | News
Telenet, Orange and the private equity fund Apax have been shortlisted to acquire SFR Belgium and Luxembourg, sources familiar with the matter told the Belgian paper L'Echo. The sale process is being led by Lazard and has entered a second round, the report said. Rumours of a possible sale of the activities by Altice first emerged in July, and the sale is expected to fetch as much as EUR 500 million, thanks to the high profitability of the activities. SFR declined to comment.

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Categories: Fixed
Companies: Altice Europe / Orange / SFR / Telenet
Countries: Belgium
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