Sotheby’s creditors mull defensive options after Drahi’s Altice France asset reshuffling
5th August 2024 06:22 PM
By Huiling Cai, Nicholas Morgan and Ayse Kelce
Some of Sotheby’s creditors are considering pre-emptive options to protect themselves, after owner Patrick Drahi used aggressive financial maneuvers to address Altice France’s massive debt pile, according to three sources familiar with the matter.
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