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General

Vivendi confirms talks on SFR-Numericable merger

Monday 24 February 2014 | 11:49 CET | News
Media and telecom multinational Vivendi has reached an agreement in principle to sell its French mobile and broadband subsidiary SFR to Altice, the controlling shareholder of cable operator Numericable , Les Echos reports without naming its sources. Vivendi's supervisory board has reportedly given SFR CEO Jean-Yves Charlier authorisation to negotiate the deal. Vivendi confirmed that it had received an approach, but not a formal offer, from Altice regarding a potential alliance between SFR and Numericable. 

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Categories: General
Companies: Altice Europe / Bouygues Telecom / Free Mobile / Iliad / Numericable / Orange France / SFR / Vivendi / Vodafone
Countries: France
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