Keyword: purchase

French billionaire Patrick Drahi buys auction house Sotheby's

Swiss-based French-Israeli multi-billionaire Patrick Drahi, the founder and boss of telecommunications group Altice, has bought a controlling stake in the art auction house Sotheby's, a 3.7-billion dollar purchase made via his US company BidFair USA.

Bouygues ready to sell mobile network in SFR bid

Bouygues Telecom's offer to sell its mobile network to Iliad, owner of Free, is dependent upon regulators approving its bid for Vivendi's SFR.