CVC DIF completed the acquisition of TDF Fibre from TDF and La Banque des Territoires in a €1bn deal.

CVC DIF, a private equity firm, completed the acquisition of the TDF Fibre business of TDF, a digital infrastructure and network operator, and Banque des Territoires, a bank supporting local authorities, communities and companies, in a €1bn deal. The investment being considered by DIF Capital Partners will enable TDF Fibre to continue to bring its recognized expertise to the benefit of local authorities, individuals and businesses, as well as to pursue development opportunities in existing and new territories.