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PATRICK DRAHI
UK may block billionaire Sunil Bharti Mittal from raising stake in telecom giant BT: ReportThe UK government is set to block any move by Indian billionaire Sunil Bharti Mittal to increase his stake in telecom giant BT beyond 25%. ...
Bharti group seeks UK support to raise BT stake, sources sayBharti Enterprises is exploring the possibility of raising its stake in British telecom company BT to just below 30%, according to people f...
Bharti Airtel shares in focus as Bharti Global acquires 24.5% stake in BT GroupBharti Global, the international arm of Bharti Enterprises, has acquired a 24.5% stake in BT Group for $4 billion, making it the largest sh...
Bharti Global completes acquisition of 24.5% stake in BT GroupBharti Global, the investment arm of Bharti Enterprises, has successfully acquired a 24.5% stake in BT Group, making it the majority shareh...
Bharti rules BT waves: Why Sunil Mittal was on Patrick Drahi's speed dialAfter years of strategic missteps, operational challenges and a languishing stock, Sunil Mittal will have to add a lot more of his entrepre...
Bharti Enterprises to buy Altice UK's 24.5% stake in BT GroupBharti Enterprises will acquire a 24.5% stake in BT Group from Altice UK, with the purchase split between an immediate 9.99% stake and a 14...
Abu Dhabi's ADQ to acquire minority stake in Sotheby's in $1 bln dealADQ, Abu Dhabi's third biggest sovereign wealth fund, has acquired a minority stake in Sotheby's for $1 billion. Patrick Drahi, the majorit...
Abu Dhabi's ADQ to acquire minority stake in Sotheby's in $1 bln dealDrahi, a Franco-Israeli billionaire, would invest additional capital alongside the fund, maintaining his majority ownership. The total inve...
Billionaire shipping scion warns of difficult time for industryThe outlook for the shipping sector has darkened considerably in recent months, with some of the largest container lines including A.P. Mol...
Jersey worn by basketball legend Michael Jordan during 1998 NBA Finals sells for $10.1 mnThe Jordan swag beat a record set in May for the most expensive sports memorabilia ever sold.
Basketball legend Michael Jordan 'Last Dance' jersey from Game 1 of 1998 NBA Finals to be auctioned for $5 mnMost of Jordan's NBA Finals jerseys remain in private hands.
Reliance Industries weighs bid for UK telecom major BTAmbani may make an unsolicited offer to buy into the company or partner its fibre arm Openreach. BT has market cap of $21 bn. If successful...
Billionaire's Altice group buys 12% BT stake but has no bid plansThe stake puts Altice ahead of Deutsche Telekom, which owned 12.06% of BT based on recent filings, Refinitiv data shows. "Altice UK has inf...
Vodafone likely to announce giant IPO of European towers unit in few daysVantage Towers could be valued at 15 billion euros ($18.2 billion) or more in the IPO, the lower range of analyst estimates.
Billionaires line up to take their unloved companies privateMany of the deals involve ultra-rich founders who have been helped by cheap financing and the sluggish share performance of their businesse...
Deal activity lifts Europe with focus on BrexitThe EU is ramping up preparations for a tumultuous end to the four-year Brexit saga as top officials prepared to brief its 27 members on Br...
European shares bounce off six week lows on trade deal hopesDefensive stocks - real estate, utilities and telecom - posted the smallest gains.
Wall Street jumps in broad rally on Greece hopesUS stocks rose broadly on Friday, with major indexes up more than 1 per cent on hopes Greece would be able to secure fresh funding at an up...
Alibaba's Jack Ma biggest billionaire gainer of 2014: Wealth-XLegendary investor Warren Buffett stood at second place on the Wealth-X list of this year's top gainers.
Vivendi to Sell French Phone Unit SFR to Altice in $23-b DealFrench multinational Vivendi agreed to sell its French phone unit SFR to Altice in a deal valued at more than € 17 billion ($23 billion).