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Aug 8, 2023 · 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 corruption probe...
Oct 7, 2024 · At a meeting of creditors last fall in Goldman Sachs’ London office, Drahi said everything he owned would be for sale in an effort to cut debt and keep a smaller Altice conglomerate float ...
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 ...
May 23, 2023 · Patrick Drahi’s telecoms investment group has increased its stake in BT to almost 25 per cent just days after the UK group announced its most radical shake-up in decades.
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...
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 share...
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Dec 14, 2021 · PARIS - Here are five facts about Patrick Drahi, the cable magnate who announced on Tuesday he had raised his stake in BT to 18%, becoming the company's top shareholder and drawing a defensive...
