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1. www.reuters.com › business › media-telecomPatrick Drahi, the telco tycoon facing debt woes, arrest of ...

   www.reuters.com › business › media-telecom

   Aug 7, 2023 · PARIS, Aug 7 (Reuters) - Here are key facts about Patrick Drahi, the French-Israeli telecoms tycoon whose right-hand man is under house arrest in a corruption probe, and who needs to manage the...

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3. 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...

4. 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 comments...

5. www.reuters.com › breakingviews › how-patrick-drahiHow Patrick Drahi can clamber out of his debt hole | Reuters

   www.reuters.com › breakingviews › how-patrick-drahi

   Apr 11, 2024 · The company, controlled by founder Patrick Drahi, wants to reduce its net debt to less than 4 times EBITDA, from 6.4 times at the end of 2023.

6. www.ft.com › content › e460e50d-8871/4277/87eaPatrick Drahi’s fire-sale heats up - Financial Times

   www.ft.com › content › e460e50d-8871/4277/87ea

   Aug 13, 2024 · Patrick Drahi’s French media conglomerate Altice is on the defensive, as it stares down $60bn of debt and attempts to fend off angry creditors.

7. www.sandiegouniontribune.com › 2024/10/13 › theThe lawyer and the lawmaker: Candidates for San Diego city ...

   www.sandiegouniontribune.com › 2024/10/13 › the

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   3 days ago · The lawyer and the lawmaker: Candidates for San Diego city attorney lay out competing visions Assemblymember Brian Maienschein and Deputy City Attorney Heather Ferbert are promising very different ...

8. People also ask

   Would Drahi lose his equity stake?

   • Given the company’s extreme leverage, he would probably lose his equity stake in the business. Bondholders feel that Drahi is underprepared and has opened Pandora’s box, one investor told Breakingviews. Yet Drahi holds several important cards.

   How Patrick Drahi can clamber out of his debt hole | Reuters

   www.reuters.com/breakingviews/how-patrick-drahi-can-clamber-out-his-debt-hole-2024-04-11/

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   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

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   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

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   What did Drahi do after completing a postgraduate degree?

   • After completing his postgraduate degree in 1986, Drahi began work as a fibre optics researcher at Philips. He resigned in 1990 to go into business for himself, initially consulting in the United States on investment in European cable providers.

   Patrick Drahi - Wikipedia

   en.wikipedia.org/wiki/Patrick_Drahi

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   Why did Drahi buy Sotheby's?

   • In June 2019, Sotheby's announced it was being acquired by Drahi at a 61% market premium. To cut debts and fund growth, in 2024 Drahi sold a $1bn stake to ADQ. In June 2015, Forbes estimated Drahi's net worth at $ 26.5 billion and ranked him as the 57th richest person in the world and the third richest in France.

   Patrick Drahi - Wikipedia

   en.wikipedia.org/wiki/Patrick_Drahi

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9. en.wikipedia.org › wiki › Patrick_DrahiPatrick Drahi - Wikipedia

   en.wikipedia.org › wiki › Patrick_Drahi

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   Patrick Drahi (French pronunciation: [patʁik dʁai]; Arabic: باتريك دراحي; Hebrew: פטריק דרהי; born 20 August 1963) [2] is a French-Israeli billionaire magnate and investor with interests in media and telecoms.