By Reuters Staff
2 Min Read
FRANKFURT, Feb 17 (Reuters) - German private equity firm DBAG has short-listed infrastructure investors Antin, InfraVia and 3i in the sale of fibre-optic firm DNS:Net Internet Service, which is seen worth 400-500 million euros ($483-$603 mln), people familiar with the matter said.
Sell-side advisor Rothschild has asked the bidders to hand in final offers for a majority stake in the business by mid-March, they added.
DBAG, the bidders and Rothschild declined to comment, while DNS was not available for comment.
Investors seeking stable returns have increasingly turned to telecoms infrastructure assets which have proven resilient during the coronavirus pandemic.
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