Background
- TDF Fibre is a French fibre business owned by TDF (79.5%) and Banque des Territoires (20.5%)
- The company owns four public-initiative networks under concession agreements that are all fully operational: Val d’Oise Fibre, Val de Loire Fibre, Anjou Fibre and Faucigny Glières Fibre, and one wholly-owned network: Yvelines Fibre
Process
- DC Advisory acted as exclusive financial advisor to La Banque des Territoires on the disposal of its stake in TDF Fibre
Outcome
- DIF Capital Partners has entered into exclusive negotiations with TDF and La Banque des Territoires to acquire 100% of TDF Fibre
- This transaction is subject to customary conditions precedents, notably employee representative bodies information and consultation, and is expected to complete by the end of 2024
- This transaction further illustrates DC Advisory’s expertise in the Infrastructure and Telecom sectors