Deals
Brookfield, PSP Said to Revive Sale of French Towers Firm TDF
- Investment firms could begin formal process before year end
- TDF could be valued at more than 5 billion euros in any sale
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Brookfield Asset Management Inc. and Canada’s Public Sector Pension Investment Board are considering reviving the sale of a controlling stake in French towers company TDF Infrastructure, after previous plans to do so stalled, according to people familiar with the matter.
The investment firms may begin a formal sale process before the end of the year that could value TDF at more than 5 billion euros ($5.9 billion), the people said, asking not to be identified discussing confidential information.