France’s TDF explores fibre unit sale for upwards of 1 billion euros

LONDON: French telecoms firm TDF is studying options for its fibre business including a sale, four people familiar with the matter told Reuters, in a deal that could value the fibre unit upwards of 1 billion euros.

TDF, backed by Canada’s Brookfield Asset Management among others, has drafted in bankers at BNP Paribas to start the sale process in October, the people said, speaking on condition of anonymity.

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