LONDON, Nov 9 (Reuters) – France’s Federation Studios is in talks with possible advisers to help it explore strategic options, three sources familiar with the matter said, in a potential deal that could value the TV and film producer at over 500 million euros ($535 million).
The privately held Paris-based group, which produced the well reviewed French political thriller Le Bureau des Légendes, has received pitches from investment banks in recent weeks for an adviser role, the people said.
The company is considering options including a full or partial sale to another private equity firm, one of the people added.
The owners may kick off an auction process next year following the potential sale of All3Media, Britain’s largest TV production firm, which could provide a yardstick for valuing Federation Studios, a second person said.
In the event of a sale, the business could be valued at more…
