Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Altice    ATC   NL0011333752

ALTICE (ATC)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Altice : to file a buyout offer for SFR Group in September

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/15/2017 | 02:06pm CEST

Amsterdam-listed Altice Group (Altice NV, headed by French entrepreneur Patrick Drahi) has announced its intention to file a buyout offer followed by a squeeze-out for the remaining SFR Group shares for a price of USD34.50 per share in September 2017, after inking several agreements which ensure that it holds 95.9% of the share capital and voting rights of the French group (via exchanges against Altice NV Class A common shares). Pursuant to the applicable French regulation, SFR Group’s board of directors will issue a reasoned opinion on the contemplated offer, on the basis of the report of an independent expert evaluating the financial conditions of such offer, with Finexsi appointed to undertake the task.

TeleGeography notes that Altice Group owned 84% of SFR Group previously, with 0.14% of the shares held by other members of the board. The remainder of the group capital was floated on the Paris Stock Exchange (Euronext).

(c) 2002-2017 PriMetrica, Inc. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALTICE
09/19 ALTICE : Portuguese regulator rejects Altice's bid for media company
09/08 ALTICE : USA and Amdocs Enter into Multi-Year Partnership to Establish Industry-..
09/05 ALTICE : files a buyout offer followed by a squeeze-out for SFR Group
08/28 - 28.08.2017ALTICE NV : Altice announces share repurchase programme Download - P..
08/28 ALTICE : 11.08.2017Altice N.V. announces the publication of its half-yearly fina..
08/28 ALTICE NV : Altice announces share repurchase programme
08/15 ALTICE : to file a buyout offer for SFR Group in September
08/12 ALTICE : announces the publication of its half-yearly financial report
08/10 Cyclicals and ex-divs send European shares to four-month low
08/10 ALTICE NV : Altice crosses the 95% ownership threshold in sfr group
More news
News from SeekingAlpha
2016 WALL STREET BREAKFAST : BAT Bids $47B To Buy Out Reynolds American
2016 REUTERS : Altice looks into IPO of $25-30B U.S. unit
Financials (€)
Sales 2017 23 780 M
EBIT 2017 3 324 M
Net income 2017 -580 M
Debt 2017 50 706 M
Yield 2017 0,22%
P/E ratio 2017 -
P/E ratio 2018 25,80
EV / Sales 2017 3,30x
EV / Sales 2018 3,22x
Capitalization 27 789 M
Chart ALTICE
Duration : Period :
Altice Technical Analysis Chart | ATC | NL0011333752 | 4-Traders
Technical analysis trends ALTICE
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 25,3 €
Spread / Average Target 44%
EPS Revisions
Managers
NameTitle
Michael Combes Chief Executive Officer & Director
Dexter G. Goei President & Executive Director
Jurgen van Breukelen Chairman
Dennis Okhuijsen Chief Financial Officer & Executive Director
Bruno Zerbib Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
ALTICE-7.30%33 211
VERIZON COMMUNICATIONS-7.31%203 562
NIPPON TELEGRAPH AND TELEPHONE CORP2.12%93 872
DEUTSCHE TELEKOM-6.21%87 974
TELEFONICA2.88%54 469
SINGAPORE TELECOMMUNICATIONS LIMITED1.10%44 682