Altice to sell Belgium, Luxembourg unit to TelenetStaff Writer | December 22, 2016
Altice has entered into an agreement to sell its Belgium and Luxembourg business, Coditel Brabant sprl, to Telenet Group BVBA, a direct subsidiary of Telenet Group Holding NV.
Acquisition An enterprise value of 400 million euros
In addition, Altice Group will provide transitional services. The transaction will be subject to regulatory review by the Belgian authorities. ■