Three Bidders Emerge for RWE-Dea

摘要

Three bidders are expected to hand in initial offers for RWE-Dea, the oil and gas exploration and production unit of Germany's second-biggest utility RWE, four people close to the negotiations told Reuters. Bids are expected to be submitted by Wintershall, the oil and gas arm of German chemicals group BASF, Russian billionaire Mikhail Fridman, and a consortium consisting of U.S. private equity firm KKR and Kufpec, the international arm of Kuwait Petroleum Corp, the sources said (IOD Jan.14'14).