I see Reuters is reporting that China's HNA is looking to rekindle a sale of Swissport International, the baggage handling group. Below is a link to media group's story.
Posts tagged: Centrebridge
American hedge fund Centrebridge is said to be one of the more enthusiastic parties interested in HNA's Swissport, the Swiss airport cargo handling group.
Readers might recall that Betaville reported late last year China's embattled HNA Group is once again trying to offload Swissport, the airport cargo handling group, via bankers from NM Rothschild and boutique firm Benedetto Gartland & Company...
Mark Kleinman's piece about the private equity firms that looked and then ditched a counterbid for London-listed Inmarsat caught Betaville's eye today.
Loyal readers might be wondering why given the central premise of the story is that, er, nothing is happening.
Well, for a start pieces about old deals that never got off the ground can show future intentions, so for M&A watchers these stories can provide vital clues for the mosaic theory...