2023-08-08 18:31:27
PORTRAIT – At the head of a veritable media and telecom empire, the businessman is facing a new storm.
One crisis too many? Altice, the parent company of SFR and BFM in particular, is once again in turmoil. Armando Pereira, long presented as the number two “unofficialof the group, historical partner of the boss and founder of Alice Patrick Drahi, is now a traitor in the eyes of the latter. Armando Pereira, the man with eleven charges for tax evasion, forgery and use of forgery, money laundering… would have both cheated the Portuguese tax authorities and Altice, the company of his thirty-year-old friend. The damage would reach several hundred million euros, according to provisional estimates. This “treasoncan it lead to the downfall of a group built with patience, but also with a lot of audacity, over the past twenty-five years? Will it damage the confidence of investors and creditors of Altice, whose total debt is close to 60 billion euros? In 2017, a first crisis, already linked to the group’s debt, but also to strategic choices criticized by market observers, had shaken Altice. But without making it waver. The very discreet boss then came out of the shadows to defend his company before the financiers and save it from an announced shipwreck.
This article is for subscribers only. You still have 95% to discover.
Flash Sale -70%
Offer available until August 15. Without engagement.
Already subscribed? Login
#Patrick #Drahi #return #atypical #discreet #boss #Altice