Deals
Billionaire Drahi Is Said to Gauge Interest in French Data Centers
- Altice portfolio could fetch valuation of about €1 billion
- Telecom mogul also explores sale of data center in Portugal
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Billionaire Patrick Drahi has started gauging interest from potential investors in a portfolio of French data centers, people with knowledge of the matter said.
The telecom mogul’s Altice France has sent preliminary information on the data centers to potential bidders as it prepares to kick off the sale of a stake in the assets, the people said. A deal could value the portfolio at about €1 billion ($1.1 billion), according to the people, who asked not to be identified because the information is private.