Warning shot this Friday morning in the audiovisual sector.
The CMA CGM group, owned by Franco-Lebanese billionaire Rodolphe Saadé, has just announced that it has signed a promise to purchase with a view to acquiring 100% of the capital of Altice Media.
“This operation would allow the CMA CGM Group to constitute, in the long term, a benchmark Media Sector with information, sports and entertainment content and whose editorial project, bringing pluralism, independence and ethics journalistic, would be focused on the major issues of economic, societal and territorial transformation.”
, says the French shipowner in a press release.
This acquisition would be carried out jointly by the CMA CGM Group and by Merit France, at 80% and 20% respectively, on the basis of an enterprise value of €1.55 billion.
More information to come.