Altice Europe and Next, the holding of Patrick Drahi, have announced an agreement on a public offer to be made by Next on Altice Europe at €4.11 per share. Whatever the reasons that have pushed Drahi to buy his group, he is indeed taking advantage (but who could blame him) of the fact that investors are neglecting the telecom sector. We believe the offer price is not expensive and minorities will have to wait to see what is going to happen.
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"You don't want to buy it, well I do!"
- Published:
14 Sep 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
Altice Europe and Next, the holding of Patrick Drahi, have announced an agreement on a public offer to be made by Next on Altice Europe at €4.11 per share. Whatever the reasons that have pushed Drahi to buy his group, he is indeed taking advantage (but who could blame him) of the fact that investors are neglecting the telecom sector. We believe the offer price is not expensive and minorities will have to wait to see what is going to happen.