Altice to sell stakes in French and Portuguese tower businesses for EUR 2.5 bln

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(Telecompaper) Altice Europe has agreed to sell a 49.99 percent stake in its French tower business and a 75 percent stake in its Portuguese tower assets for a total cash consideration of EUR 2.5 billion. The deals, which have been in the making since the beginning of the year, deliver on the group’s objective to reduce debt with the disposal of non-core operations.
Source: Industry News (syndicated from Telecompaper.com)

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