Yahoo Web Search

Search results

1. www.ft.com › content › 77aca557-22d9-44a2-9118-b36ccBillionaire Patrick Drahi says Altice corruption probe a ‘shock’

   www.ft.com › content › 77aca557-22d9-44a2-9118-b36cc

   Aug 7, 2023 · Billionaire Patrick Drahi has cast Altice, the sprawling telecoms group he built, as the victim of alleged fraud perpetrated by his longtime partner Armando Pereira in his first public...

2. www.reuters.com › business › media-telecomA breakdown of Patrick Drahi's $60 billion debt at Altice

   www.reuters.com › business › media-telecom

   Aug 8, 2023 · PARIS, Aug 8 (Reuters) - French-Israeli billionaire Patrick Drahi is facing renewed questions over the $60 billion pile of debt that allowed him to build his media and telecoms empire, after a...

3. news.bloomberglaw.com › capital-markets › alticeTycoon Drahi Could Lose Control of Altice Under Creditors’ Plan

   news.bloomberglaw.com › capital-markets › altice

   • Cached

   A large group of Altice France secured creditors sent the company a proposal to fix its €24.4 billion ($27.2 billion) debt pile that raises the possibility of billionaire owner Patrick Drahi losing control, according to people familiar with the matter.

4. www.ft.com › content › 3e0322ee-276b-45e5-8aef-76ceAltice fraud arrests throw spotlight on Patrick Drahi’s ...

   www.ft.com › content › 3e0322ee-276b-45e5-8aef-76ce

   Jul 31, 2023 · Telecoms tycoon Patrick Drahi has always turned to one man to tackle problems within his sprawling Altice empire: Armando Pereira. The Portuguese executive has maintained a low profile after...

5. www.oklahoman.com › story › newsOklahoma AG: Election Day terrorist plot failure by Biden ...

   www.oklahoman.com › story › news

   • Cached

   6 days ago · Tawhedi, 27, is now accused of conspiring to conduct a terrorist attack in the United States on Election Day on behalf of ISIS. The Afghan national, who has been in the United States since 2021, was living with his wife and 1-year-old daughter at an apartment in south Oklahoma City. He and his brother-in-law were arrested Monday after ...

6. www.law.com › radar › cardRoth v. Drahi et al | Law.com Radar

   www.law.com › radar › card

   Jul 20, 2023 · Patrick Drahi. UpperNext S.C.S.p. Nature of Claim: 850/over alleged violations of federal securities laws. Telecom giant Altice USA and its founder and controlling shareholder Patrick Drahi...

7. People also ask

   Can Patrick Drahi take over BT?

   • Under British takeover rules, that bars Mr Drahi from making such a move for six months. Mr Drahi announced in June that he had bought a 12.1% stake in BT, worth £2.2bn at the time. Who is Patrick Drahi? After the Brexit referendum, the pound slumped against the dollar and the euro, and it is still below 2016 levels.

   BT: Billionaire Patrick Drahi raises stake to 18% - BBC

   www.bbc.com/news/business-59610775

   See all results for this question

   What happened to Drahi & Altice?

   • Drahi has removed shares in Altice Europe and Altice USA as collateral for a loan backing Sotheby’s. “Every few years Altice seems to have a near-death experience and every time Drahi manages to pull off a feat of financial engineering to keep the music going,” said one bond investor.

   Altice fraud arrests throw spotlight on Patrick Drahi’s elusive right

   www.ft.com/content/3e0322ee-276b-45e5-8aef-76ce951fda14

   See all results for this question

   Will Drahi meet BT creditors in New York and London?

   • Drahi, who has an almost 25 per cent stake in UK telecoms group BT, said on Monday that he would meet creditors in New York and London in September, a step bondholders see as a further effort to allay their concerns over the probe and to lay the groundwork for ways to address its debts.

   Billionaire Patrick Drahi says Altice corruption probe a ‘shock’

   www.ft.com/content/77aca557-22d9-44a2-9118-b36cc9f09a53

   See all results for this question

   Will DT takeover rules force Drahi to make an offer?

   • Mr Drahi now has 18% - 12% short of 30% - at which point the takeover rules would force him to make an offer for the whole company. Sources close to Mr Drahi insist it is a coincidence that is the exact size of the DT stake.

   BT: Billionaire Patrick Drahi raises stake to 18% - BBC

   www.bbc.com/news/business-59610775

   See all results for this question

8. www.bbc.com › news › business-59610775BT: Billionaire Patrick Drahi raises stake to 18% - BBC

   www.bbc.com › news › business-59610775

   • Cached

   Dec 14, 2021 · Billionaire Patrick Drahi has raised his investment in BT amid growing speculation that the telecoms giant could face a takeover bid. The Israeli-French businessman took his stake from 12% to...