Tag archive for ‘Patrick Drahi’
Jewish Business News On Wednesday, January 29th, 2020

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...

Jewish Business News On Monday, June 17th, 2019

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...

Jewish Business News On Thursday, June 21st, 2018

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...

News On Wednesday, April 20th, 2016

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...

Jewish Business News On Tuesday, November 17th, 2015

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...

Niva Goldberg On Friday, October 30th, 2015

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...

News On Saturday, October 3rd, 2015

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...

Niva Goldberg On Thursday, September 17th, 2015

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...

Niva Goldberg On Tuesday, July 28th, 2015

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...

Clive Minchom On Wednesday, June 24th, 2015

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...

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