American Tower Corp. and European buyout firm EQT AB are among parties weighing bids for French tower company TDF Infrastructure, people with knowledge of the matter said.
First-round offers are expected around mid-November, the people said, asking not to be identified as the information is private. The sale could also attract interest from other infrastructure-focused investment firms, according to the people.
TDF’s owners, including Brookfield Asset Management Ltd., have picked BNP Paribas SA and UBS Group AGto handle the sale, Bloomberg News previously reported. A deal could value TDF at about €10 billion ($11.6 billion) including ...