Europe 1 with AFP 11:03 a.m., March 15, 2024

The maritime transport group CMA CGM, owned by billionaire Rodolphe Saadé, announced on Friday that it had signed an agreement to buy Altice Media, parent company of BFMTV and RMC, from businessman Patrick Drahi.

The maritime transport group CMA CGM, owned by billionaire Rodolphe Saadé, announced on Friday that it had signed an agreement to buy Altice Media, parent company of BFMTV and RMC, from businessman Patrick Drahi.

"The CMA CGM Group today signed a promise to purchase with the Altice France group with a view to acquiring 100% of the capital of Altice Media", indicated the buyer in a press release, specifying that the value of The company in the transaction was 1.55 billion euros.

More information to follow...