Hot parent Altice submits bid to buy Partner
Altice Europe N.V. controlled by Patrick Drahi has submitted an offer to buy 100% of the shares of its rival in Israel, Partner Communications, from its receiver. The bid was made via Altice subsidiary HOT Telecommunication More...
Patrick Drahi Buys Sotheby’s for $3.7 Billion
Sotheby’s returning to private ownership after 31 years as a public company traded on the New York Stock Exchange. The most powerful and the first international auction house has signed a definitive merger More...
KKR acquires 49.99% Stake In SFR TowerCo from Patrick Drahi’s Altice France
Patrick Drahi‘s Altice France has entered into an exclusivity agreement with global investment firm KKR, to acquire a stake of 49.99 percent in the to be formed tower company, SFR TowerCo. The transaction More...
NY Regulators to Allow Patrick Drahi’s $17 Billion Takeover of Cablevision
Altice’s $17 billion proposed takeover of Cablevision has been favored by New York regulators. The city’s Department of Information Technology meeting on May 9 is ready to allow the merger. The More...
Altice signs up Ronaldo as brand ambassador
Altice, led by French-Israeli businessman Patrick Drahi, announced an exceptional partnership with Cristiano Ronaldo, World Footballer of the Year and Captain of Real Madrid, the Portuguese National More...
Xavier Niel buys Telecom Italia options
French telecoms billionaire Xavier Niel, the founder of the mobile operator Iliad, has increased his holding in Telecom Italia to 15.143 per cent voting stake, Reuter reports. The stake is held More...
Patrick Drahi’s Altice Shares Fall Amid Higher Debt Costs, Share Issue; Altice raises funds to buy Cablevision
French-Israeli media magnate Patrick Drahi has wrapped up the financing needed to buy US cable operator Cablevision despite difficult market conditions, taking the debt of his Altice group up to 45 billion More...
Patrick Drahi’s Altice agrees $17.7 billion U.S Cablevision deal
Patrick Drahi’s Altice NV Thursday said it would buy Cablevision Systems Corp. for about $17.7 billion including debt. The acquisition of Cablevision represents Altice’s next step in the US market More...
Patrick Drahi Teams Up With Weill on $670 Million NextRadioTV Offer
French-Israeli tycoon Patrick Drahi and the controlling shareholder of NextRadioTV, Alain Weill, agreed to create a joint company in which Mr. Weill would control a 51% stake and Mr. Drahi the rest, according More...
Bouygues Rejects Altice $11 Billion Offer For Telecom Unit
On Monday we learned that Patrick Drahi’s Altice telecoms group had made a bid, through its French cable subsidiary Numericable-SFR, for the number three French mobile operator Bouygues Telecom. More...