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Altice Europe's Portuguese Fiber Is Said to Draw Brookfield, KKR

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Altice Europe NV’s Portuguese fiber network is attracting interest from private equity and financial investors as the firm looks for ways to raise funds to pay down debt, people familiar with the matter said.

Brookfield Asset Management Inc., Canada Pension Plan Investment Board, KKR & Co. and Macquarie Group Ltd. are among the firms that may consider bids for a stake in the network, the people said, asking not to be identified because the deliberations are private. Morgan Stanley’s infrastructure investment arm and Blackstone Group LP, as well as Spanish infrastructure company Cellnex Telecom SA could also take a look, they said.