Carlyle and Cinven launch share sale in telecoms firm Altice-Reuters

(Reuters) – Private equity firms Carlyle and Cinven have launched a sale of 5.5 million shares in European cable and telecoms company Altice, in an accelerated bookbuild, bookrunner Goldman Sachs said in a statement on Monday.

The placement, representing 2.2 percent of the company’s outstanding share capital, will be launched immediately and will be run by Goldman Sachs and JP Morgan.