Altice to keep Suddenlink business after strategic review

by Aurelia Butler 1 December 2022, 12:22 99 Views

Shares of Altice were down about 3% in trading before the bell.

A source told Reuters in July that Altice was working with advisers to explore a sale of the unit and had hired Goldman Sachs (NYSE:GS) to run the sale process. The business could be valued at $20 billion, including debt, Reuters had reported.

Altice acquired Suddenlink for $9.1 billion in 2015.

Source: Economy - investing.com

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Altice to keep Suddenlink business after strategic review

Kroger hikes forecast after stronger grocery sales top estimates

Brazil’s economy grows less than expected in third quarter, but still reaches record level

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