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Altice raises US$1.9b in year's second-biggest US IPO

2017-06-22T145042Z_1760688602_RC183388B360_RTRMADP_3_USA-STOCKS.JPG
Billonaire Patrick Drahi's Altice USA Inc raised US$1.9 billion in the second-biggest US initial public offering of the year.

New York

BILLIONAIRE Patrick Drahi's Altice USA Inc raised US$1.9 billion in the second-biggest US initial public offering of the year.

Altice USA and some existing shareholders sold 63.9 million shares for US$30 apiece, near the top end of the marketed price range of US$27 to US$

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