Altice decides not to sell its activities in Portugal-sources


Altice decides not to sell its activities in Portugal-sources |  Photo credit: Reuters

Altice decides not to sell its activities in Portugal-sources | Photo credit: Reuters

LONDON, Jan 27 (Reuters) – Altice Europe, founded and run by businessman Patrick Drahi, has backed out of plans to sell its Portuguese business after failing to receive sufficiently high bids from investment funds, three sources told Reuters.

(Report Pamela Barbaglia in London and Sergio Goncalves in Lisbon, with the contribution of Mathieu Rosemain in Paris, Blandine Hénault for the French version, edited by Nicolas Delame)





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