business

Brookfield Asset Management Leads Bid for Patrick Drahi's XpFibre Business

19 Haziran 2026Bloomberg

Brookfield Asset Management Ltd. is reportedly leading the bidding process for a controlling stake in XpFibre, a French fiber optic company owned by telecom mogul Patrick Drahi.
This acquisition could significantly enhance Brookfield's portfolio in the telecommunications sector. Details about the bidding process and other potential contenders remain limited, but Brookfield's position as a frontrunner indicates strong interest in expanding its telecommunications investments.
The telecommunications sector has seen increased activity as companies look to invest in infrastructure that supports growing demand for high-speed internet and digital services. Patrick Drahi, known for his aggressive acquisition strategies, is divesting parts of his portfolio, which presents opportunities for firm…
The potential acquisition of XpFibre by Brookfield highlights the ongoing consolidation in the telecommunications industry, where major players are seeking to strengthen their market positions. Brookfield's strategy appears to focus on long-term growth in essential infrastructure, especially in the rapidly evolving…

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This article is based on information from sources familiar with the matter and has not been independently verified.

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