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Altice Buys 10% Stake in Numericable for EU25.58 a Share 2013-11-17 20:06:20.346 GMT
By Andrea Snyder Nov. 17 (Bloomberg) -- Altice will hold 40% stake in Numericable, will seek to increase stake to majority, co. says in e-mailed statement. * Carlyle, Cinven each selling 5% stake to Altice * NOTE: Numericable closed at EU27.90 on Nov. 15 * NOTE: Altice is biggest holder * NOTE: Oct. 28, French Cable Company Numericable Raising $900 Million in IPO {NSN MVDLIG6S973B <go>} * Link to statement: {NSN MWFBHR6K50XS <GO>}
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To contact the reporter on this story: Andrea Snyder in Washington at +1-202-624-1831 or asnyder5@bloomberg.net
To contact the editor responsible for this story: John Simpson at +1-416-203-5726 or jsimpson12@bloomberg.net