Advertise On EU-Digest

Anual Advertising Rates

8/7/15

Patrick Drahi Cements Control of Altice in Move to Netherlands - by Shayndi Raice And Nick Kostov

European telecom magnate Patrick Drahi prevailed Thursday in his effort to redomicile Altice SA in the Netherlands, part of an attempt to cement control over the company even as he pursues potentially dilutive acquisitions across the globe.

A total of 91.5% of shareholders voted in favor of an acquisition that would see Altice, the Luxembourg-based telecommunications company controlled by Mr. Drahi, taken over by a Dutch holding.

Read more: Patrick Drahi Cements Control of Altice in Move to Netherlands - WSJ

No comments: