Patrick Drahi

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Billionaire entrepreneur Xavier Niel is offering a 50 per cent premium to Iliad’s last traded price to buy back the 29 per cent of the business he does not own. Photograph: Lionel Bonaventure/AFP/Getty

Billionaire entrepreneur Xavier Niel has launched a tender offer to take private Iliad, the French telecoms company he founded 22 years ago, in a surp(...)

US stocks rose on Thursday and the S&P 500 hit a record intraday high. Photograph: EPA

European stocks inched to fresh peaks on Thursday as the European Central Bank raised its recovery outlook and promised to keep ample stimulus flowing(...)

Patrick Drahi also controls SFR, the second largest telecoms operator in France behind Orange: File photograph: Getty

Telecoms billionaire Patrick Drahi has bought a 12.1 per cent stake worth about £2.2 billion (€2.55 billion) in BT Group, backing its ambition to buil(...)

Among gainers on the Iseq all-share index  were construction names such as insulation maker Kingspan and  Dublin-headquartered but London-listed Grafton Group. Photograph: Dara Mac Dónaill

Global markets edged higher on Friday as investors weighed better-than-expected corporate earnings and increased mergers and acquisitions activity in (...)

Patrick Drahi, who owns 77.6 percent of Altice Europe, wants to buy the remaining capital of the telecom and media group and delist it from the Amsterdam Stock Exchange. Photograph: Eric Piermont/AFP

French billionaire Patrick Drahi has offered €2.5 billion to minority shareholders in Altice Europe to take full control of the group, in the latest e(...)

Mark Pepper, Wish will be auctioned at the de Vere’s online sale on May 12th (€800-€1,200)

Social distancing measures have closed museums, galleries and auction houses, and the industry now finds itself in new territory. The art world is in (...)

Rising sun: A computer generated image of what Heathrow might look like in  2050, if Earth makes it that far. Photograph: handout via AFP / Getty Images

  Image of the week: Heathrow 2050 Welcome to Heathrow City, please have your passports ready for inspection. This computer generated image rel(...)

Sotheby’s is returning to private ownership after 31 years as a public company

Sotheby’s, the auction house that has seen its shares drop 40 per cent in the past year, is being sold to telecom titan Patrick Drahi for $3.7 billion(...)

Patrick Drahi, billionaire and chairman of Altice. Photographer: Ivan Guilbert/Bloomberg

Shares in Altice climbed more than 9 per cent on Monday morning, a day after the struggling telecoms and cable company tried to reassure investors abo(...)

French telecom and Media group Altice founder Patrick Drahi. The firm is exploring a bid for Charter Communications, the second-largest US cable operator and the owner of assets formerly held by Time Warner Cable.

Altice, the deal-hungry cable and telecoms group controlled by Franco-Israeli billionaire Patrick Drahi, is lining up a potential $185 billion (€157 b(...)

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