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6 buyers still in the Scandlines race

Six potential buyers are currently working on their final bids for Danish ferry operator Scandlines.

13 companies placed indicative bids for highly profitable Scandlines in early June. The six potential buyers that now remain are Swedish ferry operator Stena Line, the Baltic Ferry Development Group (consisting of Allianz Capital Partners / LD Equity / Deutsche Seereederei), Swiss Crossfinanz, British private equity firm 3i, Sweden based Nordic Kapital, and a sixth, as yet unknown, company.

According to speculations in Borsen, the Danish business newspaper that published the list, the sixth company could be one of the two venture capital firms BC Partners and Cinven, or German bank Norddeutsche Landesbank.

The companies that are still in the race for Scandlines will submit their final bids before the end of August.

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