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Altice Europe NV
Altice France on collision course with creditors
...The indebted group, which spans the globe from Israel to the US, was shaken when Drahi’s longtime lieutenant Armando Pereira was arrested by Portuguese investigators in July as part of a corruption probe...
March 21, 2024
Private equity
Warburg Pincus teams up with Horta-Osório on €6bn bid for telecoms assets
...Altice has also come under scrutiny since the summer when Armando Pereira, the company’s co-founder, was placed under house arrest in Portugal as prosecutors investigate corruption allegations against him...
December 20, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Sotheby's Inc
Qatar approached to take stake in Drahi’s auction house Sotheby’s
...Bondholders have grown worried after Drahi’s right-hand man Armando Pereira was arrested in Portugal in July over allegations of corrupt procurement practices at Altice....
December 7, 2023
Altice Europe NV
French prosecutors probe corruption allegations linked to telecoms group Altice
...It is focused on suspicion of corruption of individuals who do not hold public office, money laundering offences and attempts to cover those up, a court official said, and began last September after Armando...
March 8, 2024
ReviewTheatre
Cold War combines love, politics and art in a stirring drama — review
...Armando Iannucci’s new comedy about the UK government’s handling of the pandemic opened on the same day as prime minister Rishi Sunak’s appearance in front of the Covid Inquiry and a week after Boris Johnson...
December 13, 2023
Travel
A wild ride to South America’s northern tip
...It is the northernmost farm on the continent and is owned by Rosa Arends Robles, a young mother of two. She explains her rituals and laws and then, calling on relatives, shows us Wayúu dances....
June 5, 2023
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
ReviewTelevision
Kate Winslet runs the show in The Regime on Sky Atlantic
...While evidently trying to follow Duck Soup’s recipe — and borrowing from the likes of Dr Strangelove, Woody Allen’s Bananas and Armando Iannucci’s Veep — the six-part series dishes out a tepid stew of undercooked...
April 5, 2024
Altice Europe NV
Altice looks to borrow for first time since co-founder’s arrest
...The scandal involving the group’s co-founder Armando Pereira, who was placed under house arrest in Portugal in July, has further spooked debt investors....
September 27, 2023
Venezuela
Venezuela to regain place on JPMorgan debt indices
...“Removal of sanctions and a very complex restructuring would be needed before this happens,” said Armando Armenta, emerging market strategist at AllianceBernstein....
February 22, 2024
US presidential election 2024
‘It’s over’: Trump trounces Haley and turns to contest against Biden
...“The primary is over,” said Armando Ibarra, chair of the Miami Young Republicans, who attended Trump’s election night party with his wife....
March 6, 2024
HTSI
10 highlights from Milan Design Week
...Saint Laurent x Salone del Mobile A collaboration between Saint Laurent Rive Droite, the Gio Ponti archives and the Anala and Armando Planchart Foundation, this exhibition curated by Anthony Vaccarello...
April 16, 2024
Telecoms
Altice co-founder placed under house arrest in Portugal in corruption probe
...Armando Pereira, who co-founded telecoms and media group Altice alongside French billionaire Patrick Drahi, has been placed under house arrest in Portugal on the order of a judge as public prosecutors investigate...
July 25, 2023
News in-depthAltice Europe NV
Altice fraud arrests throw spotlight on Drahi’s elusive right-hand man
...“Whenever there was an issue in a country, he sent in Armando to deal with it,” said one person who has known the two men for years....
July 31, 2023
Altice Europe NV
Altice sells chunk of data centre business to Morgan Stanley
...The scandal involves the group’s co-founder Armando Pereira, who was placed under house arrest in Portugal in July, further spooking investors....
November 21, 2023
Live news updates from August 7: Saudi Aramco’s earnings fall 38%, KKR agrees $1.6bn Simon & Schuster deal
Altice’s Drahi speaks of ‘shock’ and ‘disappointment’ at fraud allegations
...Last month Portuguese authorities placed Armando Pereira under house arrest as it probed potential wrongdoing, including siphoning commissions off of supplier contracts....
August 7, 2023
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
Venezuela
Venezuelan bond prices soar after US lifts trading ban
...to capital markets will likely be a long path with many more hurdles ahead,” said Armando Armenta, emerging market strategist at AllianceBernstein....
October 19, 2023
Due Diligence
The man who holds a $3.5bn trump card Premium content
...Armando Pereira was arrested by Portuguese investigators in July as part of a corruption probe....
March 22, 2024
Upstream
Space: the final frontier of TV misanthropy
...The political satirist Armando Iannucci is often consoled by his admirers, who feel some sympathy for the way in which reality regularly threatens to deaden the blast of his comedy....
December 21, 2022
LexPatrick Drahi
Altice: pressure mounts for Drahi to sell BT investment Premium content
...A criminal investigation into business partner Armando Pereira and steep debts prompted him to address investors on Tuesday. They were modestly reassured....
August 8, 2023
Colombia
Colombian president’s son arrested on money laundering charges
...Petro’s government has also been rattled by a bizarre scandal involving his former chief of staff Laura Sarabia and Armando Benedetti, a former campaign manager and ambassador to Venezuela, over allegations...
July 29, 2023
Colombia
Colombia’s leftist government rattled by campaign finance probe
...The president’s ex-chief of staff, Laura Sarabia, and his former campaign manager and ambassador to Venezuela, Armando Benedetti, are also under investigation following a bizarre scandal involving wiretapping...
August 4, 2023
Live news updates from February 23: US taps Ajay Banga to lead World Bank, Netflix cuts prices
Spain pledges to send six battle tanks to Ukraine by early April
...In a congressional debate on the military aid Spain has provided to Ukraine since the start of the war a year ago, minister of defence Margarita Robles said Spain is already repairing the six battle tanks...
February 23, 2023
Altice Europe NV
Billionaire Patrick Drahi says Altice corruption probe a ‘shock’
...Billionaire Patrick Drahi has cast Altice, the sprawling telecoms group he built, as the victim of alleged fraud perpetrated by his longtime partner Armando Pereira in his first public comments since the...
August 7, 2023
Travel
A new ‘floating resort’ in the Pacific offers some of the world’s best diving
...In 2017, Armando Kraenzlin was invited to Palau, an island nation in the western Pacific....
January 16, 2024
Due Diligence
The Barefoot Billionaire embroiled in Altice’s fraud scandal Premium content
...“We never got to meet Armando,” one longtime Altice bondholder told the FT. “But they always mentioned that they were sending in him and his Swat team to overhaul each new acquisition.”...
August 1, 2023

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