French billionaire Patrick Drahi buys a £2bn stake in BT

French billionaire buys Patrick Drahi £2bn BT stake: Now ‘king of cost-cutting’ is the telecom giant’s biggest shareholder By Tom Witherow For The Daily Mail Published: 22:16 BST, 10 June 2021 | Updated: 22:28 BST, 10 June 2021 Hammering down costs: Patrick Drahi (centre) celebrates his firm Altice’s New York flotation. He has now  bought … Read more

Sotheby’s owner Patrick Drahi becomes biggest BT investor with 12% stake 

Moroccan-born billionaire Patrick Drahi’s cost-cutting measures have not always gone down brilliantly with the company’s he took over. In 2017 Mr Drahi’s personal fortune took a nosedive when he took on dozens of telecoms companies in a short period of time. Altice had a debt burden of £43billion which made it vulnerable and caused investors … Read more