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Altice to Lead NatureWorks

2018-04-25 15:35:00| Nonwovens Industry Breaking News

He will replace Marc Verbruggen as president and CEO

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Altice slapped with 124.5 million over acquisition of Portugal Telecom

2018-04-25 02:00:00| Total Telecom industry news

Global telecoms conglomerate, Altice, has been fined €124.5 million by the European Commission over its acquisition of Portugal Telecom. Altice acquired Portugal Telecom's assets from Brazilian operator, Oi, in a €7.4 billion deal. The European Commission fined Altice for completing the acquisition before it fulfilled its duties to sell off its existing assets in Portugal (namely Oni and Cabovisã…read more on TotalTele.com »

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NatureWorks names Richard Altice as new president and CEO

2018-04-24 19:41:38| Canadian Plastics Headlines

Bioplastics supplier NatureWorks LLC has named industry veteran Richard Altice as its new president and CEO, replacing Marc Verbruggen, who led the company from 2008 to his retirement in 2017. Altice comes to Minnetonka, Minn.-based NatureWorks from PolyOne Corp., where… The post NatureWorks names Richard Altice as new president and CEO appeared first on Canadian Plastics.

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NatureWorks Names Richard Altice New President, CEO

2018-04-24 17:43:00| Coatings World Breaking News

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EC fines Altice EUR 125 mln for breaching EU rules over merger notification

2018-04-24 14:20:00| Telecompaper Headlines

(Telecompaper) For its part, Altice said it fully disagrees with the Commission's decision. It believes the transaction agreement governing the management of the target during the pre-closing period provided Altice with a consultation right on certain exceptional matters relating to PT Portugal, and was in accordance with well-established M&A market practice. Altice said it will file an appeal against the Commission's decision before the EU General Court to request that the decision as a whole be annulled or, at the very least, that the sanction be significantly reduced.

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