Merrill secures discount Casema sale for France Télécom

Merrill Lynch managed to squeeze €665m ($641m) out of a private equity consortium for Casema, the Dutch cable subsidiary France Télécom has been trying to sell all year.

The price is 11% lower than the €750m Liberty Media, the US communications group, was prepared to pay for the asset, but is higher than analysts had feared.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line