Pascale Paoli-Lebailly | 17-09-2013
French cable and IPTV operator Numericable is planning an IPO and has just launched the process for which the estimated €6 billion valorisation will be fixed on 14 October.
This move will lead to the merger with business operator Completel, as both companies are owned by the same shareholders Cinven, Carlyle and Altice Group.
The IPO is processed by Deutsche Bank and JP Morgan along with lawyers White&Chase.
Numericable claims 1.6 million susbscribers and boasts the successful launch of La Box Fibre.