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BRIEF-Telenet acquires SFR Belux

Published 22/12/2016, 05:39 pm
© Reuters.  BRIEF-Telenet acquires SFR Belux
TNET
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Dec 22 (Reuters) - Telenet Group Holding (LON:0GAF) NV TNET.BR :

* Telenet to extend its cable presence in Brussels, a part of Wallonia and parts of the Grand Duchy of Luxembourg, through the acquisition of SFR Belux

* Has entered into a definitive agreement to acquire Coditel Brabant SPRL for 400 million euros ($417.36 million) on a cash and debt free basis from Coditel Holding S.A.

* Through this acquisition, Telenet would extend its cable footprint beyond current Flemish and Brussels coverage areas to parts of Wallonia and Grand Duchy of Luxembourg Source text for Eikon: ID:nGNE70JKRh Further company coverage: TNET.BR ($1 = 0.9584 euros) (Gdynia Newsroom)

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