As many as four investors have remained in the race for the privatisation of airport operator Aeroportos de Portugal SA (ANA) and will file binding offers for the asset before the deadline, which expires on Friday, Reuters said today, quoting three insiders.
The parties that are still in the running for ANA are groups led by German airport operator Fraport AG, Swiss peer Flughafen Zurich AG, French builder Vinci SA (EPA:DG) and Argentinian infrastructure group Corporacion America SA.
A consortium led by Colombia-based construction firm Grupo Odinsa Sa that was initially thought to be among the potential candidates for the Portuguese operator is the only one not to submit a final bid for the asset, one of the sources said.
Last month, Portgual shortlisted five out of eight preliminary bidders to hand in their final offers for ANA. The cash-trapped country, which expects to raise over EUR2.5bn (USD3.25bn) from the sale, is seeking private owners for the asset, aiming to trim its debt as a condition to its EUR78bn rescue plan.