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Altice and NextRadioTV joint venture

27/7/2015
Joint venture
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Completed

27/7/2015

Overview:

  • Netherlands based multinational telecoms company Altice completed a strategic partnership with NextRadioTV, a company held by French businessman Alain Weill. 
  • The deal saw NextRadioTV CEO Alain take the helm of Altice Media, and gain a 24% stake in the merged company.
  • The deal values NextRadio at about €600 million.

John Crabb - Journalist

Jurisdiction:

France

Deal type:

Joint venture

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:
Bredin Prat

Party: NextRadioTV (Joint venture partner)

Party: Alain Weill (Management)

Lawyers: Karine Angel, Olivier Assant

Franklin

Party: Altice (Joint venture partner)

Mayer Brown

Party: Altice (Joint venture partner)

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