M&A: British, French firms to attain TDF stake

M&A: British, French firms to attain TDF stake


Abuyout proposal for Telediffusion de France by British Charterhouse Capital Ltd. and Caisse des Depots et Consignations (CDC) has been approved by the European Commission. The transaction presents only small overlaps between some activities of TDF and Cegelec, which is jointly held by Charterhouse Capital and CDC, according to the EC.
The two companies will obtain a majority stake in the French group, which is owned by France Telecom. Although France Telecom will still be the largest single st...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now