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The law firm Luther Luxembourg has advised Altice SA on its IPO on the Euronext Stock Exchange in Amsterdam. This IPO is the largest listing in Amsterdam since 2006, and the largest initial public offering of a cable company in Europe to date. On 31 January 2014, Altice SA has issued about 46.1 million shares at EUR 28.25. The IPO thus reached a volume of about EUR 1.5 billion in total, after full exercise of the over allotment option. Holding Next LP, a company headed by Altice founder Patrick Drahi, holds almost 69.5% of Altice's share capitalisation.
Altice SA is a Luxembourg based multinational Cable and Telecommunications Company. Luther Luxembourg acted as legal advisers to Altice as to Luxembourg law. This IPO follows another major transaction: in October 2013,...
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