UPDATE 1-Shares in satellite company Eutelsat surge on bid interest from Drahi - NewsBreak

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By Austine in Business
Updated 3 years ago

PARIS, Sept 30 (Reuters) - Shares in French satellite company Eutelsat surged on Thursday after the company rejected a bid proposal from billionaire Patrick Drahi, whose business interests include auction house Sotheby's and media group Altice. "Eutelsat Communications confirms that the proposal received from Mr. Patrick Drahi - and rejected...

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