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“He is drowning in debt”: why the Altice group sells BFMTV and RMC

2024-03-15T18:46:42.278Z

Highlights: “He is drowning in debt”: why the Altice group sells BFMTV and RMC. “We are divided. This takeover is not a surprise: the rumor has been circulating since the end of the year. But it had fallen a little.” “Since September, we have been assured straight in the eye that we are not for sale…” In the corridors of B FMTV, the official announcement of the takeover of Altice Media took everyone by surprise this Friday March 15.


The CMA CGM group of billionaire Rodolphe Saadé has signed a purchase promise with Altice Media, owner of BFMTV and RMC, valued at


“We are divided.

This takeover is not a surprise: the rumor has been circulating since the end of the year.

But it had fallen a little.

» “We are still surprised because, since September, we have been assured straight in the eye that we are not for sale…” In the corridors of BFMTV, the official announcement of the takeover of Altice Media – which concentrates BFMTV, BFM Business, BFM Régions, BFM Radio, RMC, RMC Story, RMC Découverte, RMC Sport, RMC BFM Play – by billionaire Rodolphe Saadé, at the head of CMA CGM, took everyone by surprise this Friday March 15.

Even if everyone knew it too: despite the denials, the sale of the media branch of Patrick Drahi's group, heavily in debt, seemed inevitable.

Deciphering this new media thunderbolt.

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Source: leparis

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