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Altice Europe Confirms That Its Fully Owned Subsidiary Hot has Submitted an Offer for Partner Communications

Altice Europe N.V. (NYSE: ATUS) has taken note of recent market speculation regarding Hot Telecommunication Systems Ltd ("Hot") and Partner Communications (NASDAQ: PTNR).

Benzinga · 01/29/2020 11:22

Altice Europe N.V. (NYSE: ATUS) has taken note of recent market speculation regarding Hot Telecommunication Systems Ltd ("Hot") and Partner Communications (NASDAQ: PTNR).

Altice Europe confirms that its fully owned subsidiary Hot has submitted an offer for 100% of the share capital of Partner Communications.

No final decision has been taken, and it is yet uncertain that any such transaction will be concluded and under which terms. If and when there is any reason to do so, further announcements to the market will be made.