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
The Syrian Ministry of Foreign Affairs and Expatriates has issued a forceful condemnation following a wave of Israeli airstrikes across the country, denouncing the attacks as a flagrant violation of international law and Syrian sovereignty.
Israel launched airstrikes on military airbases and infrastructure sites in the Syrian cities of Damascus, Hama and Homs on Wednesday, the Israeli military said.
Israel launched airstrikes on military airbases and infrastructure sites in the Syrian cities of Damascus, Hama and Homs on Wednesday, the Israeli military said.
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