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Brookfield, ready to sell TDF for 8 billion

2022-05-30T17:25:31.935Z


The American fund has begun selling its stake in the French broadcaster. Simple change of shareholder or redistribution of the cards? Brookfield, the infrastructure fund manager which owns 45% of TDF, is preparing to sell its stake in the French broadcaster, according to Les Échos . The information, confirmed by Le Figaro , revives the telecom infrastructure consolidation market and would value TDF at more than 8 billion euros. To discover Taxes 2022: all about your


Simple change of shareholder or redistribution of the cards?

Brookfield, the infrastructure fund manager which owns 45% of TDF, is preparing to sell its stake in the French broadcaster, according to

Les Échos

.

The information, confirmed by

Le Figaro

, revives the telecom infrastructure consolidation market and would value TDF at more than 8 billion euros.

To discover

  • Taxes 2022: all about your tax return

Indeed, if TDF is known for its radio antenna at the top of the Eiffel Tower, it now falls into the category of “tower co” (“tower companies”), these telecom infrastructure operators whose prices are skyrocketing.

This development stems from the change operated by the group, to move from audiovisual to telecoms.

Rise in valuations

This second sector of activity now represents more than two thirds of its 731.7 million euros in turnover and all of its growth, while the income generated by the audiovisual sector continues to crumble.

Especially since the group has also set its sights on fiber, becoming an infrastructure operator...

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Source: lefigaro

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