Dering is remaining bidder for TDF - Reuters

Private equity firm Dering Capital is in advanced talks to buy French broadcasting masts operator TDF and is the last remaining bidder after a Canadian consortium dropped out, Les Echos reported on Wednesday, writes Reuters. Sources told Reuters in October that Dering had submitted a slightly higher first-round bid of about 3.6 billion euros ($4.9 billion) than the group led by Canadian pension fund PSP Investments.

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