The owners of Scandlines A/G will start negotiations with two or three of the prospective buyers, that have launched binding bids for Scandlines this August.
Analysts and others on the sideline estimates that the selling price will reach EUR en billion to close the deal at the end of the year and with take over in mid 2007.
So far it has not been revealed which the bidders are in the final round of negotiations. Only three shipping companies are involved in the seven bidders on the point of the final round.
Swedish Stena Line
is the only stand-alone bidder, but two shipping companies have joined forces with investment companies, Deutsche Seerederei with LD Equity (Lonmodtagernes Dyrtidsfond) and Allianz Capital Parterns and German F. Laeisz with Swedish Nordic Capital.
The remaining four bidders are investment companies or banks:The British Bain Capital, BC Partners, Cinven group and German Norddeutsche Landesbank.