Italian motorway operator Atlantia, Chinese sovereign wealth fund CIC, Australian infrastructure investor Macquarie and a consortium led by insurer Allianz are vying for Germany's Tank&Rast, according to several people familiar with the deal. The four different groups are expected to hand in final bids of up to 3.5 billion euros ($3.84 billion) for the motorway service station group by a deadline set for next week, the sources added.
Terra Firma, run by British financier Guy Hands, is selling Tank&Rast, which operates 350 petrol stations and 390 service stations, with the help of Deutsche Bank and JP Morgan..............................................Full Article: Source
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