Franklin advises Altice on selling KKR a 49.99% stake in its €3.6bn TowerCo
Franklin has advised SFR (Altice Group) on selling US investment firm KKR a 49.99% stake in SFR’s TowerCo (valued at €3.6b) which owns over 10,000 communication tower sites across France. The deal was announced last June and was approved by the European Commission on September 25, 2018.
Franklin’s team was composed of:
- Christian Sauer (Partner), assisted by Pierre Faure (associate), advising on M&A-corporate aspects and managing the project;
- Julie Catala Marty (Partner), assisted by Rémi Beydon (associate), advising on competition law aspects;
- Jean-Pierre Delvigne (Of Counsel), advising on regulatory and public law aspects.