An important player in the PAF could change hands.
The CMA CGM group, owner in particular of La Tribune and La Provence, announced this Friday an agreement to buy Altice Media, valued at 1.55 billion euros.
Altice Media owns BFMTV and RMC.
“The transaction, which will be subject to customary conditions precedent and the obtaining of applicable regulatory authorizations, is expected to be finalized during the summer of 2024.”
The Media branch of Altice France (BFM, RMC, etc.) could be sold to the CMA CFM and Merit France group for 1.55 billion euros
(source: Altice press release) pic.twitter.com/74fbNnndtA
— Fabien Randanne (@fabrandanne) March 15, 2024
>>> More information to come on leparisien.fr