Deals
Dutch Waste Management Firm Attero Draws Chinese Bidders
- Gezhouba, Beijing Enterprises compete for $1 billion company
- China Communications Construction, CECEP also submitted offers
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China Gezhouba Group Corp., builder of the world’s biggest hydropower dam, and Beijing Enterprises Holdings Ltd. are among companies that made first-round bids for Dutch waste management company Attero, people with knowledge of the matter said.
China Communications Construction Co., the nation’s second-biggest construction firm by market value, and state-owned China Energy Conservation & Environmental Protection Group, known as CECEP, also submitted indicative offers by the deadline at the end of September, according to the people. The sale, which has also drawn interest from Beijing Capital Group Co., could value Attero at about $800 million to $1 billion, the people said, asking not to be identified because the information is private.