Bidders shortlisted in sale of German waste manager - sources

China Everbright Environment

17/12/2015 15:06

FRANKFURT, Dec 17 (Reuters) - Three bidders have been 
shortlisted in an auction of German waste management company EEW 
in a deal potentially worth more than 1.7 billion euros ($1.8 
billion), two people familiar with the matter said.  
    Chinese Beijing Enterprise Holdings  0392.HK , Finnish 
utility Fortum  FUM1V.HE  and a consortium comprising 
infrastructure investor Macquarie  MQG.AX  and German utility 
Steag have been asked to hand in final bids for Energy from 
Waste (EEW) by late January, the people added.  
    EEW's private equity owner EQT as well as the bidders 
declined to comment, except for Beijing Enterprises and Beijing 
Capital which were not immediately available for comment.  
 
($1 = 0.9227 euros) 
 
 (Reporting by Arno Schuetze; additional reporting by Sui-Lee 
Wee and Jussi Rosendahl) 
 ((arno.schuetze@thomsonreuters.com; +49.69.7565.1197; Reuters 
Messaging: arno.schuetze.reuters.com@reuters.net)) 
 
Keywords: CHINA WASTE/M&A