About seven bidders are lining up for Telediffusion de France's (TDF) domestic business and lenders are preparing debt packages of more than 2 billion euros ($2.7 billion) for a deal worth about 4 billion euros, people familiar with the matter said.Interested parties include U.S. mobile tower operators American Tower and Crown Castle, Canadian pension funds CPP and Public Sector Pension (PSI), infrastructure funds Antin of France and Australia's AMP Capital, as well as leverage takeover firms, three sources said.They are expected to bid for the domestic unit of the digital television distribution group ahead of Friday's deadline for first round bids, the sources said.TDF is owned by private equity firms Axa Private Equity, Charterhouse and Texas Pacific Group (TPG) as well as French state-backed investment fund Fonds Strategique d'Investissement.
American Tower Corporation is a holding company. The Company conducts its operations through its directly and indirectly owned subsidiaries and joint ventures. Shares of AMT fell by 1.68% or $-1.18/share to $69.09. In the past year, the shares have traded as low as $68.87 and as high as $85.26. On average, 3911040 shares of AMT exchange hands on a given day and today's volume is recorded at 3922802.
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