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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

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

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Telenet to buy SFR BeLux for EUR 400 mln

Published 22 Dec 2016 08:41 CET | Belgium
Telenet has agreed to buy SFR Belgium and Luxembourg from Altice for EUR 400 million. This extends Telenet's footprint into parts ...

Orange Luxembourg Q3 revenue declines on regulatory impact

Published 21 Oct 2016 16:27 CET | Luxembourg
Orange Luxembourg reported an annual drop in revenue of 8.3 percent in the third quarter, hurt by the ongoing impact of EU ...

'Telenet, Orange en Apax bieden op SFR Belux'

Published 02 Sep 2016 11:09 CET | Belgium
Telenet, Orange en investeerder Apax zijn de drie overgebleven kandidaten voor de overname van SFR België-Luxemburg, melden ...

Plenty of candidates to buy SFR Belgium

Published 07 Jul 2016 17:18 CET | Belgium
Altice has reportedly put SFR Belgium/Luxembourg up for sale. According to a report from the Financial Times, the company wants ...

Altice mulls sale of SFR Belgium - report

Published 07 Jul 2016 09:17 CET | Belgium
Altice is thinking of selling SFR Belgium, the Financial Times reported. Sources said the company is working with Lazard on the ...