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Creditor's of Drahi's Altice empire have accused a unit of defaulting on over EUR 2bln of debt, FT reports citing sources; creditors add that similar notices related to the remaining debt pile, which totals EUR 8bln, was likely
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Altice creditors have declared a EUR 2bn default, with EUR 8bn more at risk, signaling severe distress and a potential breakdown in restructuring negotiations under Patrick Drahi.
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