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Patrick Drahi

Altice takes 12.1% BT stake

Altice UK, a business wholly owned by telecoms entrepreneur Patrick Drahi, has acquired a 12.1 per cent equity stake in BT Group for a reported £2 billion (€2.3bn). Responding to a ‘Holdings in Company’ announcement following the acquisition, BT issued a statement regarding the investment. “BT Group notes the announcement from Altice of their investment […]

June 10, 2021By Colin Mann