KKR & Co., Global Infrastructure Partners and Stonepeak Partners have jointly made a binding offer for a controlling stake in Deutsche Telekom AG’s 20 billion-euro ($21 billion) towers unit, people familiar with the matter said.
They’re competing with a consortium of Canadian investment firm Brookfield Asset Management Inc. and Spain’s Cellnex Telecom SA, which made a confirmatory bid for part of the Deutsche Telekom business, the people said, asking not to be identified because the information is private.
