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Sotheby's Inc
Qatar approached to take stake in Patrick Drahi’s auction house Sotheby’s
...Bankers have sounded out potential buyers for a minority stake in Sotheby’s as its owner Patrick Drahi comes under pressure to sell assets at his indebted telecoms group Altice.Those approached included...
December 7, 2023
Altice Europe NV
Shipping magnate Rodolphe Saadé to buy French news channel BFM
...But a parliamentary inquiry in 2022 that questioned the billionaire media owners did not lead to changes in regulation or law....
March 15, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Altice Europe NV
Altice sells chunk of data centre business to Morgan Stanley
...Heavily indebted telecoms group Altice has agreed to sell a majority stake in its data centre business to a Morgan Stanley infrastructure fund as French-Israeli billionaire owner Patrick Drahi works to shore...
November 21, 2023
Investments
Behold, the Basquiat bond
...The buccaneering Franco-Israeli telecoms billionaire Patrick Drahi took Sotheby’s equity private five-years ago....
April 12, 2024
Oil & Gas industry
US landowners sue to force oil company clean-up of abandoned wells
...The Adams County government found in September 2022 that the Painted Pegasus transfer was “the largest single-operator well orphaning in state history”....
February 23, 2024
News in-depthNews in-depth9 min
Will robotaxis ever be commercially viable? | FT Tech
...I'm a car owner, and my car is parked 97 per cent of its time and only being used 3 per cent. I feel this is irresponsible. I'm locking up resources, space for something that isn't being used....
September 18, 2023
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Berkshire Hathaway Inc
Berkshire Hathaway settles dispute over value of Pilot Travel Centers
...Warren Buffett’s Berkshire Hathaway averted a courtroom showdown over its purchase of a truck stop operator founded by a Tennessee billionaire, after settling a dispute centred on the value of the business...
January 8, 2024
US-Iran tensions
Owner of ship seized carrying Iranian oil pleads guilty in US court
...A lawyer representing the defendants did not immediately respond to a request for comment....
September 7, 2023
Due Diligence
The man who holds a $3.5bn trump card Premium content
...But Altice’s French business, which includes mobile network operator SFR, was given something of a reprieve by news last week that the company had agreed to sell its media business for more than €1.5bn....
March 22, 2024
Ziyavudin Magomedov
Jailed oligarch accuses TPG of colluding with Kremlin to seize $14bn assets
...The governor of Vladivostok subsequently told workers at the port that Rosatom was to become the operator and, ultimately, the owner of Fesco, according to the claim....
September 27, 2023
Choice Hotels International Inc
Choice Hotels launches $10bn hostile bid for rival Wyndham
...A deal combining Choice and its bigger rival would create one of the largest budget hotel owners in the US, with significant operations overseas....
October 17, 2023
Due Diligence
Shell has a London problem Premium content
...One public utility crisis to start: Macquarie, the former owner of Thames Water criticised for loading the utility with debt, is a lender to its stricken parent company....
April 10, 2024
Travel
The perfect Austrian ski resort — and why it’s fighting for survival
...For a few years in the 1990s, Inghams, one of the largest British ski tour operators, added Heiligenblut to its brochures....
February 17, 2024
Vail Resorts Inc
US skiing juggernaut Vail Resorts sharpens edge over smaller rivals
...It is also better positioned to withstand what may be the biggest threat to ski operators worldwide: climate change....
February 11, 2023
The Top LineAndrew Edgecliffe-Johnson
Musk and Barbie show just how intangible a brand can be
...Letter in response to this article: Even Barbie needs an effective brand strategy / From Patrick Barwise, Emeritus Professor of Management and Marketing, London Business School, London NW1, UK...
July 28, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
#techAsia
A PlayStation on wheels and China’s battle of the platforms Premium content
...On the other hand, the WeChat operator said Channels posted substantial growth in 2022, with the total number of views expanding over 200 per cent on the year....
January 12, 2023
LexJonathan Guthrie
The Lex Newsletter: other people’s capital is the best kind Premium content
...Earlier this year, the US Government Accountability Office bellowed that these owner-operators “do not enjoy the full benefit of the risks they bear”....
September 29, 2023
News in-depthBT Group Plc
Allison Kirkby, the Glaswegian telecoms turnaround expert taking over BT
...At Telia, Sweden’s former state monopoly operator, Kirkby managed to offload international assets, which had proved difficult to sell....
August 1, 2023
The crisis in European equities
Why Europe’s stock markets are failing to challenge the US
...Europe down, not out Attia, of Euronext, says Europe’s biggest exchange operator has shifted its competitive focus. “Before Brexit we were pitching against the LSE....
April 25, 2023
News in-depthTravel & leisure industry
Can the post-pandemic travel boom endure?
...Patrick Mendes, the chief executive of Europe and North Africa for Accor’s Premium, Midscale and Economy division, said travelling had become the “number one or two priority” among people’s spending and...
July 7, 2023
Sport
Football’s multi-club owners start to feel growing pains
...“When you think about why not to invest in a football club, it’s relegation,” said Patrick Massey, a partner at Portas Consulting....
January 28, 2023
Lex PopuliUK energy
Energy stocks: first, select your shade of green
...The Israeli tycoon Patrick Drahi — owner of auction house Sotheby’s — has increased his holding in BT to 24.5 per cent....
May 26, 2023
Hong Kong politics
Hong Kong challenges own court with appeal to Beijing to block UK lawyer
...Lai was charged with foreign collusion over his role as owner of the defunct pro-democracy Apple Daily newspaper, which was targeted by authorities for its defiant coverage of the 2019 protests....
November 29, 2022
Scoreboard
Wall St tightens grip on football Premium content
...You can read more on the Lyon deal in our profile of multiclub operator John Textor....
March 4, 2023
Travel & leisure industry
Claridge’s owner removes directors in row over stake value
...The establishment’s operator Maybourne Hotels, which is ultimately owned by Sheikh Hamad bin Jassim bin Jaber al-Thani and Sheikh Hamad bin Khalifa al-Thani, has pushed property developer Patrick McKillen...
April 8, 2022

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