Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

European telecoms company Altice, touches American shores, with a $9.1 billion deal to buy cable firm Suddenlink Communications

Altice, the acquisitive European telecoms firm made yet another large M&A deal, announcing plans to buy US regional cable firm Suddenlink Communications for $9.1 billion. The move, which is its first in America, follows the company’s purchase of rival firm SFR last year. The deal was financed with some $21.9 billion-equivalent in debt across bonds and loans in both euros and US dollars. In its latest acquisition, following the SFR deal, it is expected to be mostly financed in the US dollar market, thought details regarding the same have remained blurred.

Tags:

United States,Altice,Suddenlink Communications,SFR