[HIGHLIGHTS] The CMA CGM group announces an agreement to buy Altice Media, owner of BFMTV and RMC

The deal is expected to be finalized during the summer of 2024. Altice Media owns BFMTV and RMC.

The deal is valued at 1.55 billion euros (about $2.7 billion) The deal was announced by the CMA, the owner of RMC, on Friday. It is not clear if the deal will be approved by the European Commission, which has the power to block the deal if it is not approved by a majority of the European Parliament or the European Court of Justice.