SFR would seek to go public in July

by bold-lichterman

The operator’s team would even be “well advanced in the spin-off”

BRIEF – While Vivendi and Bouygues have just signed this Monday the network pooling agreement which aims to share over a geographical era bringing together the equivalent of 57% of the French population, SFR CEO Jean-Yves Charlier , would have explained on the sidelines of the press conference, according to Reuters, hope for an initial public offering in July. “We are well advanced in the spin-off” he would have specified.

This information comes a week after rumors of Numericable’s desire to acquire SFR, an operation that would cost between 10 and 13 billion euros, according to BFM Business, and which could take the form of an LBO (leverage buy out, editor’s note) [lire : Numericable sur le point de racheter SFR ?]. Last November, the cable operator was listed on the Paris stock exchange and managed to raise 749 million euros.