Altice France’s BFMTV in talks to acquire TLM – reports (translated)
06 SEP 2018
BFMTV, the French TV station owned by the Altice [EPA:ATC] media and telecoms group, is understood to be in talks to acquire French regional Télévision Lyon Métropole (TLM) based in Lyon, French weekly Challenges reported.
The report cited one TLM shareholder, whose name was not disclosed, as confirming the news, adding that no deal had been signed yet.
This development was also reported in daily Le Figaro, for which several sources cliamed that that the two parties were conducting exclusive negotiations. TLM is owned by several local entrepreneurs, the report noted.