Patrick Drahi made an unsolicited, preliminary and non-binding takeover offer to acquire Eutelsat Communications S.A. (ENXTPA:ETL) for €2.8 billion on September 29, 2021. The relevant governance bodies of Eutelsat Communications have unanimously decided not to engage in discussions based on the terms of this proposal. Pursuant to the terms Patrick Drahi shall pay €12.10 per share for all dividend attached. As of September 30, 2021, the offer has been rejected unanimously by the relevant governance bodies of Eutelsat Communications S.A..