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ATUS WI - Altice USA Inc News Story

$17.71 0.0  0.1%

Last Trade - 08/06/18

Sector
Telecoms
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £7.10bn
Position in Universe th / 6854

BRIEF-Altice Europe Anounces Creation Altice Portugal FTTH

Mon 20th April, 2020 7:50am
April 20 (Reuters) - ALTICE EUROPE NV  ATCA.AS :
    * CREATION OF ALTICE PORTUGAL FTTH AND PARTNERSHIP WITH
MORGAN
STANLEY INFRASTRUCTURE PARTNERS
    * TRANSACTION VALUES FASTFIBER AT EUR 4.6 BILLION ON A 100%
BASIS
REPRESENTING AN EBITDA MULTIPLE OF 20X
    * FINAL CASH CONSIDERATION RECEIVED AT CLOSING WAS EUR 1,573
MILLION FOR SALE OF 49.99% IN FASTFIBER
    * FURTHER PAYMENTS: EUR 375 MILLION IN DECEMBER 2021 AND EUR
375
MILLION IN DECEMBER 2026 SUBJECT TO SOME PERFORMANCE RATCHETS

Source text: https://bit.ly/2KhK7T9
Further company coverage:  ATCA.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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