i'm not seeing the same results as you. i'm using Quartus II 9.1sp2 and the accompanying ModelSim-AE version.
i do confirm that altera_mf only contains an altfp_mult, but the altfp_div.vhd i created with the MegaWizard does compile fine in ModelSim.
vcom -reportprogress 300 -work work /home/thepancake/testfp/testfp.vhd
# Model Technology ModelSim ALTERA vcom 6.5b Compiler 2009.10 Oct 1 2009
# -- Loading package standard
# -- Loading package std_logic_1164
# -- Compiling entity testfp_altfp_div_pst_tre
# -- Compiling architecture rtl of testfp_altfp_div_pst_tre
# -- Compiling entity testfp_altfp_div_8ah
# -- Compiling architecture rtl of testfp_altfp_div_8ah
# -- Compiling entity testfp
# -- Compiling architecture rtl of testfp