Billionaire Drahi Targets PT Portugal

Billionaire Patrick Drahi, a French-Israeli telecom mogul, is attempting to acquire PT Portugal, the largest phone company in Portugal. This acquisition would require PT Portugal to separate from the Brazilian Telecom company OY, which might agree to the split to fund its own acquisitions. Drahi's holding company already owns cable assets in Portugal, and according to the Bloomberg billionaires list, he is worth over 8 billion dollars.

Who is Patrick Drahi?

• A Portuguese cable operator

• An American billionaire

• A Brazilian telecom executive

• A French Israeli telecom mogul

What is Patrick Drahi attempting to acquire?

• A French cable network

• The largest phone company in Portugal

• An Israeli telecom firm

• A Brazilian telecom company

What must happen for PT Portugal to be acquired?

• It must merge with a French company

• It must increase its market share in Portugal

• It must acquire a Spanish telecom firm

• It must split from Brazilian Telecom company OY

Why might OY agree to the split?

• To focus on its operations in Brazil

• To reduce its workforce

• To raise money for its own acquisitions

• To enter the European market

What is Patrick Drahi's net worth according to the Bloomberg billionaires list?

• More than 5 billion

• More than 12 billion

• More than 10 billion

• More than 8 billion