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Brookfield to sell stake in French towers business TDF: Reuters

Brookfield Asset Management is preparing to sell its 45 percent stake in French towers business TDF Group as it seeks to capitalize on growing demand for infrastructure assets in Europe, Reuters reported.

Brookfield Asset Management is preparing to sell its 45 percent stake in French towers business TDF Group as it seeks to capitalize on growing demand for infrastructure assets in Europe, Reuters reported. Brookfield has drafted Citigroup and Credit Suisse to work on the sale, which could value TDF at more than €5 billion ($5.3 billion). TDF provides broadcasting and telecoms infrastructure with its radio antennas sitting on top of the Eiffel Tower.

Source: Reuters