Altice NV (ATCA.AS)
20 Apr 2018
PARIS S&P cut Altice's long-term credit rating by one notch to "B" on Thursday, saying the cable and telecommunications group needed to generate more cash to pay up its gigantic debt.
PARIS, April 19 S&P cut Altice's long-term credit rating by one notch to "B" on Thursday, saying the cable and telecommunications group needed to generate more cash to pay up its gigantic debt.
April 18 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
BRUSSELS EU antitrust regulators are set to hit French telecoms and cable group Altice with a hefty fine for concluding its 2015 acquisition of PT Portugal without first waiting for official approval, a person familiar with the matter said on Wednesday.
April 17 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.
April 16 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Shire, the London-listed rare diseases specialist that is a potential takeover target for Japan's Takeda Pharmaceutical, is selling its oncology business to unlisted French drugmaker Servier for $2.4 billion. ** Pebblebrook Hotel Trust has sweetened its $3 billion-plus offer to buy U.S. peer LaSalle Hotel Properties after the owner of high-end locations including 'W' Los Angeles s
MILAN/LONDON European shares fell on Monday as investors awaited new U.S. sanctions on Russia, while losses were limited as the market expected there would be no immediate military escalation in Syria following the weekend's American-led strike.
* Russia-exposed stocks underperform (Updates prices, adds details)
PARIS, April 16 French construction and telecoms group Bouygues said on Monday that it was not in discussions with any other operator, denying a news report that it was weighing a bid to acquire the French SFR telecoms unit of rival Altice.
* BOUYGUES WEIGHS BID WITH CO-INVESTORS FOR ALTICE UNIT - BLOOMBERG, CITING SOURCES Source text - https://bloom.bg/2HtyngG Further company coverage: