Vauban and Brookfield prepare to finalize binding offers for a **50.1% stake in XpFibre**, the French fibre business owned by Altice. The two firms remain as the leading contenders in the sale process, with negotiations nearing completion. The transaction would mark a significant consolidation move in France’s fiber-optic infrastructure sector.
Multiple buyers advance to the final stage in the €8 billion acquisition of XpFibre, a major European fiber-optic infrastructure provider. The shortlisted firms now compete to secure the deal, following earlier rounds of due diligence. XpFibre operates a vast network spanning multiple EU markets, serving both wholesale and retail telecom customers.
Multiple parties are preparing to compete for a majority stake in **XpFibre**, France’s fiber infrastructure provider. The company’s assets, including its extensive fiber-optic network, are attracting significant interest. A second bidding round is scheduled for next month, indicating strong demand for control of the business.
XpFibre secures €6 billion in credit facilities from institutional creditors and infrastructure bank lenders. The funding supports the French fibre infrastructure company’s expansion plans. OMERS, a major Canadian pension fund, backs XpFibre in the deal.
