Drahi Raises Offer for Altice Telecoms By 30% After Legal Threat

French telecoms billionaire Patrick Drahi was forced to up his offer to buy out minority stockholders in the Amsterdam-based Altice Europe, after hedge funds threatened to take him to courts over the price... Lucerne filed a petition with the Enterprise Chamber in Amsterdam on December 7 asking the court to order an inquiry into Altice Europe, to appoint three independent non-executive directors to assess and supervise the original offer, and to prohibit a vote on the "pre-wired restructuring measures."...

Read more: Drahi Raises Offer for Altice Telecoms By 30% after Legal Threat (



73 Arch Street Greenwich 

Connecticut 06830

+1 203-983-4490

Marketing Director

Claudia Taselaar

+1 203-983-4490

Research Office

Prins Hendriklaan 28

1075 BD Amsterdam

The Netherlands

+31 20-891-23-94


© 2021 Lucerne Capital Management, LP. All Rights Reserved.

Under no circumstances should the content of this website be used or considered as an offer to sell or a solicitation of an offer to buy securities (including any interest in any investment fund). Any such offer or solicitation can and will be made only by means of the appropriate offering materials, only in jurisdictions in which such an offer would be lawful and only to individuals who meet the investor suitability and sophistication requirements set forth in such materials. Access to such materials is similarly limited to individuals who meet the applicable investor suitability and sophistication requirements.