De Pardieu advises Altice on the entry into exclusive negotiations for the sale of Altice media to CMA CGM

De Pardieu has advised the Altice Group on its entry into exclusive negotiations with the CMA CGM Group for the sale of 100% of Altice Media, for a total cash consideration of 1.55 billion euros.

Altice Media is France’s leading news group with unique capabilities across television, radio and digital. With its popular and emblematic brands BFM and RMC, Altice Media combines the very high quality of national, international, business, regional and sports news and a wealth of documentary and entertainment.

The transaction, which will be subject to customary conditions precedent and regulatory approvals, is expected to be completed during the summer of 2024.