Cable magnate Patrick Drahi’s Altice offered more than $2.24 billion in stock to buy out minority shareholders in its French cable and telecom unit SFR to simplify the debt-heavy group’s corporate structure.
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Monday, September 5, 2016
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Patrick Drahi Makes $2 Billion Share Offer for Full Control of SFR
Patrick Drahi Makes $2 Billion Share Offer for Full Control of SFR
Cable magnate Patrick Drahi’s Altice offered more than $2.24 billion in stock to buy out minority shareholders in its French cable and telecom unit SFR to simplify the debt-heavy group’s corporate structure.
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Cable magnate Patrick Drahi’s Altice offered more than $2.24 billion in stock to buy out minority shareholders in its French cable and telecom unit SFR to simplify the debt-heavy group’s corporate structure.
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