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
For four decades, Tehran’s strategy for regional deterrence relied on building an impenetrable "ring of fire" along Israel’s northern border, with Hezbollah serving as its central pillar.
A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said.
Israel's military has cleared Hezbollah fighters holed up in tunnels under the strategic Ali al-Taher ridge in southern Lebanon, Israeli Defense Minister Israel Katz said on Friday, though the Iran-backed group did not immediately comment.
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.