Spain May Get Bids From 12 Banks for Aena Sale, Expansion Says

The Spanish government may get bids from as many as twelve banks to advise on its planned sale of a 49 percent stake in the country’s airport operator Aeropuertos Espanoles y Navegacion Aerea, or Aena, Expansion reported, citing unidentified people in the financial industry.

The banks may include Royal Bank of Scotland Group Plc (RBS), BNP Paribas (BNP), UBS AG (UBSN), JPMorgan Chase & Co (JPM), Morgan Stanley (MS) and Barclays Plc (BARC), the newspaper said.

Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA) may not present offers, Expansion added.

The deadline to present offers ends today, the newspaper said.

To contact the reporter on this story: Manuel Baigorri in Madrid at mbaigorri@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.