Altice France set for €24 billion sale after major restructuring

9 articles · Updated · Bloomberg · Apr 28

The transactions could deliver owner Patrick Drahi a $28 billion payout, following a €9 billion debt reduction.
Bondholders, impacted by last year's warning and subsequent negotiations, now hold an equity stake after Altice France's debt was slashed from €25 billion.
The sale highlights the outcome of nearly a year of restructuring talks, revealing Drahi as the principal beneficiary while addressing the company's previous negative equity.

With key assets excluded, what is the consortium actually buying from Altice?

How did Patrick Drahi turn €25 billion in debt into a personal windfall?

Will French regulators approve a deal that shrinks its telecom market?

Why is Drahi suing his American lenders for forming a 'creditor cartel'?

What happens to French internet prices with one less major competitor?