News
04.04.2014Franklin

Franklin advises Altice and Numericable on M&A corporate aspects of its bid for SFR

Articles quoting Alexandre Marque, Les Echos April 4, 2014, The American Lawyer April 7, 2014, Le Monde du droit April 7, 2014, CF News – Actualités et annuaire du corporate finance April 7, 2014, Legal Week  April 7, 2014, The Lawyer April 9, 2014, Option Droit et Affaires April 9, 2014, Law in France April 9, 2014, Fiscalonline April 9, 2014, Le Figaro April 9, 2014.

On Saturday April 5, Vivendi announced that it had chosen the Altice/Numericable bid for the acquisition of SFR by Numericable Group, for €13.5 billion in cash, a potential €750 million supplement and a 20 % stake in the combined entity, resulting in a deal value of circa  €17 billion.

The resulting Numericable/SFR group will become the 2nd largest telecom provider in France.