French-Lebanese tycoon Rodolphe Saade has acquired Altice Media on Friday, which includes several television channels in France, including BFM.
Rodolphe Saade (L) and Patrick Drahi © BRC
French-Lebanese tycoon Rodolphe Saade has acquired Altice Media on Friday, which includes several television channels in France, including BFM.
Altice Media is owned by the Franco-Israeli businessman Patrick Drahi, whose group is heavily indebted and embroiled in a corruption scandal.
Saade is the owner of the shipping company CMA CGM, one of the largest in the world.
Mr. Drahi launched a channel in Israel, 'i24News', ten years ago.
It is not part of the deal as it is housed in the American subsidiary Altice USA.
This channel broadcasts programs in French, English, and Arabic from Tel Aviv and is currently undergoing restructuring.
By Andrew Kambas
Israel's Iron Dome has been nearly 99% effective against missiles from Hamas and Hezbollah militants and has knocked out most missiles from Iran, the chairman of state-owned Iron Dome maker Rafael Advanced Defense Systems Ltd said on Monday.
Two activists arrested last month when Israeli forces intercepted the Gaza-bound flotilla they were travelling on are expected to be deported in the coming days after being released from security detention on Saturday, their lawyers said.
The United States has confirmed that government-level delegations from Israel and Lebanon will hold "intensive and detailed" discussions in Washington on 14 and 15 May, in what represents the most significant direct diplomatic engagement between the two countries in over four decades.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.