We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Cut-price call

11 September 2020 By Ed Cropley

The Franco-Israeli billionaire wants to take his European telco private. His offer, which values Altice’s equity at 4.9 bln euros, looks low. But the company’s eye-watering leverage, with 30 bln euros of debt, makes it hard for Drahi to pay a more respectable valuation multiple.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)