Neuf Cegetel
| Neuf Cegetel, SA | |
|---|---|
| legal form | SA |
| founding | May 11, 2005 |
| resolution | April 20, 2009 |
| Reason for dissolution | Merger with SFR |
| Seat | Paris , France |
| management | Frank Esser |
| Number of employees | 2,645 |
| sales | EUR 3.348 billion |
| Branch | telecommunications |
| Status: 2007 | |
Neuf Cegetel, SA was a listed French telecommunications company that was created in 2005 from the merger of Neuf, a company in the Louis Dreyfus Group , and Cegetel, a subsidiary of the Vivendi group. The company was taken over by the mobile operator SFR in 2008 and merged with it in 2009.
background
LDCOM from 1998 (later under the name Neuf ) actively pursued the consolidation of the French fixed network market. Cegetel was founded in 1996 by the Vivendi group (initially as SFR Cegetel under one roof with the mobile operator SFR, which was later split off) and had built up an extensive network through a cooperation with SNCF . Both companies merged in May 2005. In September 2006, Neuf Cegetel took over AOL's subsidiary in France for € 288 million; AOL France at that time had 500,000 customers and 500 employees. To finance this acquisition and further growth, the company went public in 2006.
In the course of 2008 Neuf Cegetel was 100% bought up by the French mobile operator SFR, which is also part of the Vivendi group, and then merged with SFR and formed the core of its fixed line business; the Neuf Cegetel brand disappeared from the market.
Shareholders
The shareholders of Neuf Cegetel before the acquisition by SFR through a public takeover offer and subsequent squeeze-out in June 2008 were:
- 40.7% : SFR
- 35.0% : Groupe Louis Dreyfus
- 12.0% : Suez
- 5.0% : Wendel Investissement and Alpha
- 2.2% : Artemis
- 2.0% : Goldman Sachs
- 2.0% : PAI partners
Individual evidence
- ↑ Data up to April 2008
- ↑ Actionnariat du groupe Neuf Cegetel ( Memento of 22 January 2008 at the Internet Archive ) shareholders on website of Neuf Cegetel