CMA CGM will buy Altice Media, including the BFMTV channel – 03/15/2024 at 10:43


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The CMA CGM group announced on Friday the signing of a purchase promise with the Altice France group with a view to acquiring the entire capital of Altice Media.

This acquisition will be carried out jointly by CMA CGM and Merit France, at 80% and 20% respectively, on the basis of an enterprise value of 1.55 billion euros, indicates the group in a press release.

CMA CGM, which already owns the newspaper La Tribune, thus places the continuous news channel BFMTV in its possession.

(Written by Kate Entringer)



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