Why Patrick Drahi takes over SFR

Why Patrick Drahi takes over SFR

The consistency of the facts is interesting. On Tuesday, August 23, UK authorities gave their approval to Patrick Drahi’s rise of up to 18% in the capital of historic operator BT, after a three-month investigation. As the news broke, an internal email announced the surprise fall of SFR CEO Grégory Rabuel. Officially, this departure was planned, organized and corresponds to a cycle change in company life. In reality, it is the result of a serious takeover by Armando Pereira, historical partner of Patrick Drahi, a specialist in restructuring operations. Doubtful: lack of results, especially in public relations, whose boss Fabien Costa also pays the price for this big cleanup.

Reference: www.challenges.fr

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