Altice To Sell 25% Stake In BT To Bharti
Portfolio Pulse from Benzinga Newsdesk
Altice has announced the sale of a 25% stake in BT Group to Bharti Global. This move is part of Altice's strategy to streamline its operations and focus on its core markets.
August 12, 2024 | 9:34 am
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Altice's sale of a 25% stake in BT Group to Bharti Global is a strategic move to streamline its operations and focus on core markets. This could positively impact Altice USA (ATUS) by potentially improving its financial position.
The sale of a significant stake in BT Group allows Altice to focus on its core markets and potentially improve its financial position. This strategic move is likely to be viewed positively by investors in Altice USA (ATUS).
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