US EditionBlackstone Explores Potential Joint Bid for Drahi’s SFR
4 Articles
4 Articles
Blackstone Explores Potential Joint Bid for Drahi’s SFR
Blackstone Inc. is studying a potential joint bid for billionaire Patrick Drahi’s French telecom operator SFR, which is considering a sale at a valuation of as much as €30 billion ($35 billion) including debt, according to people familiar with the matter.
In the summer of 2025, the telecoms sector is hoping for a switch from four to three operators, with the proposed divestiture of SFR by Patrick Drahi. Because the conditions have changed well compared to 2016 and the failed marriage between Bouygues Telecom and Orange.
The Altice France considers selling telecom for 30 billion is euros and j has potential buyers. Blackstone CEO Steve Schwarzman is planning to invest at 427 billion is of those in Europe in the first xima d each.
Drahi looks to raise €4bn from selling SFR's assets to three French rivals - Mobile Europe
Debt-laden Altice group has been unable to sell SFR as a single, converged entity but breaking it up could be a long, complicated process with anti-monopoly regulation front and central Patrick Drahi, who controls the Altice Group, appears to be closer to breaking up Altice France, known as SFR in France, for sale to rivals Iliad (Free), Bouygues Telecom and Orange. This is according to BFM TV, the French broadcaster, which Drahi sold as part of…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium
