Sentences with phrase «consortium of bidders»
Not exact matches
Toshiba announced Wednesday it had selected a consortium led by the public - private Innovation Network Corp. of Japan (INCJ) as a preferred bidder.
https://www.cnbc.com/
Toshiba said earlier it has chosen a consortium of Bain and Japanese government investors as the preferred bidder for its chip business, aiming to clinch a deal worth some 2 trillion yen ($ 18 billion) by next week as it scrambles for funds to cover massive losses.
The beleaguered technology company's core business is up for sale after years of lackluster performance, with bidders including frontrunner Verizon, inventor Dan Gilbert (backed by Warren Buffett), TPG, and a consortium that includes Bain Capital and former Yahoo CEO Ross Levinsohn.
The Minmetals group was the sole Chinese bidder left after a consortium led by Aluminum Corp. of China abandoned its offer for Las Bambas in November, people with knowledge of the matter said then.
What happens in the course of negotiating a contract is that before full contract negotiations begin the government will choose one consortium as the preferred bidder for a particular project.
The Hong Kong consortium outbid the U.K. utility Scottish & Southern Energy and a consortium of other bidders headed by an Abu Dhabi sovereign wealth fund and Canada Pension Plan, the WSJ says.
A consortium formed by Antin Infrastructure Partners, ICAMAP, an independent real estate fund manager and Borletti Group, a private investment entity focused on retail, luxury and real estate, ranked first among bidders and has been selected by Ferrovie dello Stato Italiane (FS) and Eurostazioni as the winning counterpart for the purchase of a 100 % stake in Grandi Stazioni Retail (GSR).
In the course of the sale process, the essential parts of the company could finally be sold to a consortium of three bidders.
Air India's lucrative $ 8.9 billion insurance cover contract has kicked off a battle between private insurance companies and a public sector consortium led by The New India Assurance Company Ltd, with the latter writing to the airline to complain that tender contract norms have not been adhered to and were relaxed to the disadvantage of two bidders.