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Altice Europe NV (ATCB.AS)

ATCB.AS on Amsterdam Stock Exchange

3.54EUR
22 Jun 2018
Change (% chg)

€0.11 (+3.09%)
Prev Close
€3.43
Open
€3.49
Day's High
€3.61
Day's Low
€3.39
Volume
120,080
Avg. Vol
193,824
52-wk High
€22.55
52-wk Low
€1.95

Latest Key Developments (Source: Significant Developments)

Altice to appeal against EU's decision to fine it over PT Portugal bid
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Altice ::* Altice says it will appeal against the European Commission's decision to fine it 125 million euros over its PT Portugal bid nS8N1QI005.* "Altice fully disagrees with the Commission's decision, and in particular, it considers that this case differs entirely from the French Numéricable/SFR/Virgin gun jumping case, in which Altice had agreed not to challenge the allegations brought against it," the company says in a statement .  Full Article

Altice USA Says Units Issued $1.05 Bln Of 7.500% Senior Notes Due 2028 In A Private Placement
Saturday, 7 Apr 2018 

April 6 (Reuters) - Altice USA Inc ::ALTICE USA SAYS UNITS ISSUED $1.05 BLN OF 7.500% SENIOR NOTES DUE 2028 IN A PRIVATE PLACEMENT - SEC FILING.NOTES WILL MATURE ON APRIL 1, 2028..PROCEEDS WITH CASH ON HAND TO BE USED TO REDEEM $1,050 MILLION OF UNITS' 6.375% SENIOR NOTES ISSUED PURSUANT TO INDENTURE DATED OCT 25, 2012.  Full Article

CSC Holdings Announces Pricing Of Senior Guaranteed Notes
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Altice USA Inc ::CSC HOLDINGS, LLC ANNOUNCES PRICING OF SENIOR GUARANTEED NOTES.CSC HOLDINGS - PRICING OF OFFERING OF $1,000.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR GUARANTEED NOTES DUE 2028.  Full Article

CSC Holdings Announces Allocation Of New Incremental Term Loan Facility
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - ALTICE NV ::CSC HOLDINGS, LLC ANNOUNCES ALLOCATION OF NEW INCREMENTAL TERM LOAN FACILITY.CSC HOLDINGS - ANNOUNCES PRICING, ALLOCATION OF NEW $1,500 MILLION INCREMENTAL TERM LOAN FACILITY UNDER EXISTING CREDIT AGREEMENT DATED AS OF OCT 9, 2015.  Full Article

Altice Says French Division's Revenue Declined By About 2 Percent In 2017
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Altice Nv ::ALTICE SAYS FRENCH DIVISION'S REVENUE DECLINED BY ABOUT 2 PERCENT IN 2017.ALTICE EXPECTS FRENCH UNIT TO GENERATE BETWEEN 1.6 AND 1.7 BILLION EUROS IN OPERATING FREE CASH FLOW IN 2018, UNDER NEW PERIMETER.  Full Article

Altice CEO Says New Reorganization Will Improve Transparency, Simplify Management Structure - Conf Call‍​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Altice Nv ::CEO SAYS ACQUISITION STRATEGY FOR ALTICE USA “CLEARLY NOT A FOCUS TODAY” - CONF CALL‍​.CEO SAYS COMPANY WILL LOOK AT OTHER NON-CORE DIVESTITURES - CONF CALL‍​.ALTICE CEO SAYS NEW REORGANIZATION WILL IMPROVE TRANSPARENCY, SIMPLIFY MANAGEMENT STRUCTURE - CONF CALL‍​.  Full Article

Altice N.V. Announces Altice USA Spin-Off, New Altice Europe Structure
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Altice N.V. ::ALTICE ANNOUNCES GROUP REORGANIZATION, ALTICE USA SPIN-OFF AND NEW ALTICE EUROPE STRUCTURE.SAYS SEPARATION OF ALTICE USA FROM ALTICE NV TO BE EFFECTED BY SPIN-OFF OF ALTICE NV'S 67.2% INTEREST IN ALTICE USA.ALTICE FOUNDER PATRICK DRAHI TO CONTROL BOTH ALTICE EUROPE AND ALTICE USA‍​.SAYS ALTICE EUROPE TO REORGANIZE ITS STRUCTURE INTO ALTICE FRANCE, ALTICE INTERNATIONAL AND NEWLY FORMED ALTICE PAY TV SUBSIDIARY.POST-SEPARATION, DRAHI WILL SERVE AS PRESIDENT OF ALTICE EUROPE BOARD AND CHAIRMAN OF ALTICE USA BOARD.BOARD OF ALTICE USA APPROVED PAYMENT OF $1.5 BILLION CASH DIVIDEND TO ALL SHAREHOLDERS IMMEDIATELY PRIOR TO COMPLETION OF SEPARATION.ALTICE USA BOARD HAS AUTHORIZED SHARE REPURCHASE PROGRAM OF $2 BILLION, EFFECTIVE AFTER COMPLETION OF SEPARATION.SAYS PAYMENT OF $1.5 BILLION CASH DIVIDEND WILL BE FUNDED WITH AVAILABLE OPTIMUM REVOLVING FACILITY CAPACITY AND A NEW FINANCING AT OPTIMUM.ALTICE EUROPE REORGANIZATION TO INCLUDE INTEGRATING ALTICE'S SUPPORT SERVICES BUSINESSES INTO THEIR RESPECTIVE MARKETS.CO'S OWNERSHIP OF ALTICE TECHNICAL SERVICES U.S. TO BE TRANSFERRED TO ALTICE USA BEFORE COMPLETION OF SEPARATION FOR NOMINAL CONSIDERATION.ALTICE EUROPE REORGANIZATION TO INCLUDE BUNDLING ITS PREMIUM CONTENT ACTIVITIES INTO SEPARATELY FUNDED OPERATING UNIT WITH ITS OWN P&L.SAYS EACH CO SHAREHOLDER WILL BE ENTITLED TO RECEIVE 0.4163 OF A SHARE OF ALTICE USA COMMON STOCK FOR EVERY ALTICE NV SHARE.  Full Article

‍Altice Nv Altice Intends To Reduce Its Share Capital By Cancelling Treasury Shares​
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Altice Nv ::On June 28, 2017, the general meeting of Altice N.V. granted authority to the Board to cancel common shares A and common shares B in the share capital of the company held by the company..On December 4, 2017, the Board of Altice N.V resolved to cancel 416,000,000 common shares A and 1,307,716 common shares B held by the company. The cancellation of such shares will become effective in accordance with the provisions of Dutch law.. ​.  Full Article

Orange is ready to buy back shares from French state-CEO
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Orange Sa ::ORANGE CEO STEPHANE RICHARD SAYS GROUP READY TO EXAMINE BUYING BACK SOME OF THE SHARES OWNED BY FRENCH STATE.ORANGE CEO RICHARD EXPECTS ALTICE TO CHANGE ITS INVESTMENT STRATEGY ON MEDIA CONTENT, FIBRE ROLL-OUT IN FRANCE, GIVEN ITS CURRENT TROUBLES.ORANGE CEO SEES "LESS FRONTAL COMPETITION" BETWEEN OPERATORS ON CONTENT IN FRANCE, POSSIBLE PARTNERSHIPS WITH FRENCH RIVALS ON CONTENT.ORANGE CEO SAYS READY TO LOOK INTO POSSIBLE "WIN-WIN" PARTNERSHIPS ON CONTENT, FIBRE IN FRANCE.ORANGE CEO SEES "VERY, VERY FEW" POSSIBLE PAN-EUROPEAN MERGERS BETWEEN LARGE TELECOMS OPERATORS, SAYS CONDITIONS NOT MET YET FOR SUCH MERGERS.  Full Article

Altice seeks to sell Dominican Republic unit to cut debt- FT
Thursday, 23 Nov 2017 

Nov 22 (Reuters) - Altice Nv :ALTICE SEEKS TO SELL DOMINICAN REPUBLIC UNIT TO CUT DEBT- FT, CITING SOURCES‍​.  Full Article

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Altice selling stakes in French, Portuguese telecom towers to cut debt

PARIS Dutch-based telecoms and cable group Altice plans to raise 2.5 billion euros ($2.9 billion) from selling stakes in its telecoms towers businesses in France and Portugal to reduce its debt, the company said on Wednesday.