(Reuters) - Altice (ATCA.AS) has agreed to sell its Swiss telecommunications solutions business and Data Center operations, the telecoms and cable company said on Friday, as it seeks to reduce its 50 billion euro ($59.6 billion) debt burden.
The deal to sell Green.ch AG and Green Datacenter AG to InfraVia Capital Partners valued the business at around 214 million Swiss francs ($217.5 million), or 9.9 times long-term adjusted EBITDA, and is expected to close in early 2018, it said in a statement.