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Statement by Next Alt

LUXEMBOURG--(BUSINESS WIRE)--Next Alt S.à r.l.

Next Alt S.à r.l. confirms that its affiliate Altice UK has made a minority investment in BT Group plc.

Next Alt S.à r.l. now has ownership of the following five different and separate entities, each financially standalone and independent:

- Altice UK
- Altice USA
- Altice France (SFR – #2 telecom operator in France; BFMTV – #1 news channel in France)
- Altice International (Altice Portugal – #1 telecom operator in Portugal; HOT – #2 telecom operator in Israel; Altice Dominican Republic – #2 telecom operator in Dominican Republic; Teads – global leader in video digital advertising)
- Sotheby’s (global art and luxury company established in 1744)

No shares of any affiliates have been pledged for this transaction.

Next Alt S.à r.l. is fully owned by Patrick Drahi.

Tag: ATUS, NYSE

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NYSE:ATUS
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AMSTERDAM--(BUSINESS WIRE)--Regulatory News: The previously disclosed pledges of Altice USA, Inc. (NYSE: ATUS) class B common stock held by Next Alt S.à r.l., specifically (1) the pledge of 63.8 million shares of Altice USA, Inc. Class B common stock, and (2) the negative pledge of 22.3 million shares of Altice USA., Inc., class B common stock, held by Next Alt S.à r.l., and pledged as collateral in connection with acquisition financing of Sotheby’s by BidFair from October 2019 (with related up...
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