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Debt and scandal throw billionaire Patrick Drahi's empire into turmoil • BusinessMirror

At Goldman Sachs’s gleaming Plumtree Court offices in London on September 6, Patrick Drahi pledged something that would once have been unthinkable: His willingness to put every part of Altice, the telecommunications and media giant he cobbled together over 30 years, up for sale. “Everything is open.It’s just a question of offer and demand,” the French-Israeli billionaire told ....

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Debt and Scandal Throw Billionaire Drahi's Empire Into Turmoil

Debt and Scandal Throw Billionaire Drahi's Empire Into Turmoil
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Altice Co-Founder Pereira Can Be Released on Bail, Lawyer Says

A Portuguese judge decided that Altice co-founder Armando Pereira, who is currently under house arrest, can be released on €10 million ($10.6 million) bail, one of Pereira’s lawyers said. ....

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Debt and Scandal Throw Billionaire Drahi's Empire Into Turmoil

(Bloomberg) At Goldman Sachs’s gleaming Plumtree Court offices in London on Sept. 6, Patrick Drahi pledged something that would once have been unthinkable: His willingness to put every part of Altice, the telecommunications and media giant he cobbled together over 30 years, up for sale.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapNobody Wants Mutual Funds NowAn Oil Giant Quietly Ditched the W ....

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Drahi approaches French rivals for SFR deal

PARIS: Billionaire Patrick Drahi has made approaches through a banker to sound out French telecom competitors Bouygues and Free about a possible deal with his SFR operator that would consolidate the nation’s mobile phone sector, according to La Tribune. ....

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