EuropaCorp suitor Altice abandons potential acquisition
Pan-European telecommunications and cable group Altice [AMS:ATC] showed interest in EuropaCorp [EPA:ECP], a French independent film studio, but has decided not to go further, French weekly Challenges reported.
The unsourced report claimed that Patrick Drahi, owner and head of Altice found that EuropaCorp was too dependent on founder and film director Luc Besson.