France's second largest telecom provider snaps up rival group for €415m

Altice France has announced it has entered an agreement to acquire 100 per cent of Coriolis for €415m.  The total cash consideration would consist of an upfront purchase price of €298m and a deferred consideration of €117m.  "Coriolis is a great, fast growing, company with a customer proposition that would be highly complementary to SFR," said Altice France chairman and CEO, Grégory Rabuel. "We look forward to bringing onboard the significant experience and expertise of the entire te...