Canadian pension fund PSP Investments and its partners have agreed to buy the French operations of telecoms and transmitter masts group TDF in a deal worth about €3.5 billion, reports Reuters.

The sale will help TDF’s owners – private equity funds TPG, Charterhouse, Ardian and state bank Bpifrance – to pay down the group’s €3.8 billion debt.

Other posts by :

1. Markets braced for SpaceX IPO
2. Eutelsat shares crash despite good news
3. Analyst: Years of subs growth ahead for Starlink
4. SES CEO: “Multi-orbit is now key”
5. More details emerge on SpaceX IPO
6. Viasat confident despite SpaceX threats
7. Blue Origin launch pad destroyed
8. AST SpaceMobile’s story “more than hype”
9. Musk to merge Tesla with SpaceX?

Categories: Articles, Business, M&A