Altice Europe N.V. (ENXTAM:ATC) has drawn interest from Cinven Partners LLP, Permira Holdings Limited and Bridgepoint Advisers Limited for its Teads advertising technology firm after kicking off a formal sales process, according to people familiar with the matter. Several buyout firms made early-stage bids for the video business, which could be valued between €1 billion ($1.1 billion) and €1.6 billion, said the people, who asked not to be identified as the talks are private.