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France: Watchdog to rule on Vivendi, Numericable deal today

By  |  October 26, 2014

France’s antitrust regulator is reportedly set to reveal its decision today on whether it will clear cable operator Numericable’s planned takeover of telecommunications firm SFR.

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    According to reports, the competition authority will rule today on the merger after announcing last July an in-depth investigation of the transaction.

    Numericable, owned by Altice, won a bidding war to acquire SFR from its current owner Vivendi last April. Numericable beat out rival Bouygues to acquire the assets.

    Full content: Reuters

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