Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. Why did this happen? They are down 28% so far this year, although the shares were trading at above 6 euros each seven months ago, well above the premium level on offer. The Amsterdam-listed company and Drahis buyout vehicle, Next Private, said in a joint statement that the offer was aimed at reducing share price volatility as well as costs. Franco-Israeli businessman Drahi owns 39.85% of Altice Europe, according to Refinitiv data.
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