KM Financial Solutions | Altice to sell stake in Portuguese fibre network for $2.5 bln to cut debt
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Altice to sell stake in Portuguese fibre network for $2.5 bln to cut debt

Altice to sell stake in Portuguese fibre network for $2.5 bln to cut debt

Telecoms and cable group Altice
Europe said on Friday it would sell a 50% stake in its
Portuguese fibre network to Morgan Stanley Infrastructure
Partners for 2.3 billion euros ($2.5 billion) to help pay
down its debt.

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