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- French-Israeli billionaire Patrick Drahi has bought a 12.1% stake in telecommunications company BT (BT-A.L), worth around £2.2bn ($3.1bn) as of Wednesday’s close. His company, Altice Group, is now BT’s largest shareholder after the purchase of 1.2 billion shares through newly-formed Altice UK, which is wholly owned and controlled by the tycoon.
uk.finance.yahoo.com/news/meet-patrick-drahi-altice-the-billionaire-who-just-backed-bt-telecoms-broadband-093333588.html
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BT Group is a holding company; the majority of its businesses and assets are held by its wholly owned subsidiary British Telecommunications plc. [119] BT's businesses are operated under special government regulation by the British telecoms regulator Ofcom (formerly Oftel ).
Dec 14, 2021 · Mr Drahi stake-building in BT sparked rumours about other possible bidders. The businessman, who also owns auction house Sotheby's, first began buying BT shares in June.
Jun 10, 2021 · Who is Patrick Drahi, the new biggest shareholder of BT? Worth $12 billion, the tycoon owns Sotheby’s and a swathe of the world’s telecoms networks.
Jun 10, 2021 · His company, Altice Group, is now BT’s largest shareholder after the purchase of 1.2 billion shares through newly-formed Altice UK, which is wholly owned and controlled by the tycoon. The...
- Latoya Harding
May 26, 2022 · Mr Drahi, who also owns auction house Sotheby's, first began buying BT shares last June. His purchase of just over 12% of the company, worth £2.2bn at the time, made him the largest...
NEWGATE TELECOMMUNICATIONS LIMITED. 30 Mar 2001 - 11 Sep 2001. BT GROUP PLC - Free company information from Companies House including registered office address, filing history, accounts,...
6 days ago · Telecoms magnate Patrick Drahi is the founder and owner of multinational Altice NV, which he took private in January 2021 at a $7.3 billion valuation. Drahi built Altice with more than 20...
