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Altice N.V. and Altice USA Announce Pricing of Altice USAandrsquo;s Initial Public Offering

Altice N.V. (ATC, ATCB, “Altice”), a global convergent leader in telecoms, content and advertising, and Altice USA, Inc. (“Altice USA”), Altice’s U.S. subsidiary, announce today that Altice USA has priced its initial public offering of 63,943,029 shares of its Class A common stock at a price to the public of $ 30.00 per share. Of the shares of Altice USA’s Class A common stock included in the offering, 12,068,966 shares will be sold by Altice USA, 31,475,965 shares will be sold by funds advised by BC Partners (“BC Partners”) and 20,398,098 shares will be sold by entities affiliated with the Canada Pension Plan Investment Board (“CPPIB”). BC Partners and CPPIB have granted the underwriters a 30-day option to purchase up to 7,781,110 additional shares of Class A common stock. After completion of the offering, Altice will own 70.3% of Altice USA’s issued and outstanding common stock, which will represent 98.3% of the voting power of Altice USA’s outstanding common stock. Click here for more.


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