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

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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. [1] [3] He is the founder and controlling shareholder of the European-based telecom group Altice.

2. 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...

3. www.ft.com › content › 51ae5290-e8aa-4875-b68e-a1bcDrahi’s Altice raised more than £1bn margin loan against BT stake

   www.ft.com › content › 51ae5290-e8aa-4875-b68e-a1bc

   Jul 21, 2024 · Altice took out a more than £1bn margin loan against its stake in BT, in a move that underscores the risky borrowing that is now piling pressure on billionaire Patrick Drahi ’s sprawling...

4. www.bnnbloomberg.ca › investing › 2024/09/18Tycoon Drahi Could Lose Control of Altice Under Creditors’ Plan

   www.bnnbloomberg.ca › investing › 2024/09/18

   Sep 18, 2024 · 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.

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

   www.bbc.com › news › business-59610775

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   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...

6. www.bnnbloomberg.ca › investing › 2024/08/12Drahi Is Making Good on Pledge to Sell Assets. But to What ...

   www.bnnbloomberg.ca › investing › 2024/08/12

   Aug 12, 2024 · Patrick Drahi is in for a pay day after agreeing to sell his stake in BT Group Plc. That may or may not be good news for creditors of Altice.

7. People also ask

   Could Patrick Drahi lose control of Altice France?

   • (Bloomberg) -- 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.

   Tycoon Drahi Could Lose Control of Altice Under Creditors’ Plan

   www.bnnbloomberg.ca/investing/2024/09/18/altice-creditors-propose-plan-that-could-see-drahi-lose-control/

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   Will Patrick Drahi get a pay day after selling BT Group plc?

   • (Bloomberg) -- Patrick Drahi is in for a pay day after agreeing to sell his stake in BT Group Plc. That may or may not be good news for creditors of Altice.

   Drahi Is Making Good on Pledge to Sell Assets. But to What End?

   www.bnnbloomberg.ca/investing/2024/08/12/drahi-is-making-good-on-pledge-to-sell-assets-but-to-what-end/

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   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

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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

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   Did Drahi buy BT?

   • In May last year, Drahi increased its stake in BT to 24.5% from 18%, giving him double the holding of the next-biggest investor. On Monday, Bharti Global announced it had agreed to buy that stake for an undisclosed amount. Altice UK acquired about 2.44 billion shares of the British company between June 2021 and May 2023.

   Drahi Is Making Good on Pledge to Sell Assets. But to What End?

   www.bnnbloomberg.ca/investing/2024/08/12/drahi-is-making-good-on-pledge-to-sell-assets-but-to-what-end/

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   Has Drahi built a stake in BT?

   • Altice, led by billionaire Patrick Drahi, surprised BT in June by becoming its largest shareholder with a £2bn investment, marking a new strategy for Drahi who has previously acquired undervalued telecoms assets outright in France, the US, and Portugal using debt before stripping out huge amounts of cost.

   Patrick Drahi’s Altice raises stake in BT to 18% - Financial Times

   www.ft.com/content/07f138f5-7e86-4e67-a5e9-7c8ae32eb0bd

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8. www.ft.com › content › 07f138f5-7e86-4e67-a5e9-7c8aePatrick Drahi’s Altice raises stake in BT to 18%

   www.ft.com › content › 07f138f5-7e86-4e67-a5e9-7c8ae

   Dec 14, 2021 · Patrick Drahi’s telecoms investment group Altice has increased its stake in BT to 18 per cent but said it was not currently planning to take control of the former UK telecoms monopoly.