PARIS, May 29 (Reuters) – Altice plans to sell its Portuguese operator Meo in order to further reduce its debt, said https://www.lesechos.fr/tech-medias/hightech/altice-reflechit-a-ceder-meo -SON – Portuguese operator-1319089 Saturday Les Echos newspaper in its electronic version.
Altice was going to commission Lazard Bank to conduct a survey of potential buyers, the daily specifies, adding that Meo could interest investment funds or even Orange, which is studying takeover opportunities in Europe and is already present in Spain, could be particularly interested.
Les Echos adds that the group led by Patrick Drahi, which bought the former Portuguese telecom company from the Brazilian Oi group at the end of 2014 for 7.4 billion euros, did not want to comment on this information.
(Benjamin Mallett)
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