Nine investment banks are competing to advise on the partial privatisation of Spanish airports authority AENA for a fee of up to 2 million euros ($2.89 million), the authority said on Thursday. They are Royal Bank of Scotland (RBS.L), BNP Paribas (BNPP.PA), Citigroup Global Markets Limited (C.N), Credit Agricole (CAGR.PA), HSBC Bank (HSBA.L), Credit Suisse Securities (Europe) Limited CSGN.VXA Societe Generale (SOGN.PA), Goldman Sachs (GS.N) and BBVA (BBVA.MC). BBVA, Spain's second-biggest bank, is the only domestic bank to offer to manage the sale of up to 49 percent of AENA, whose enterprise value is estimated at 30 billion euros ($43.28 billion). The winning bank will handle setting up a holding company for AENA's assets and oversee the sale, which is earmarked for financial investors, for a fee of up to 2 million euros, as well as a separate amount linked to the final sale price.
Citigroup Inc. (Citigroup) is a global diversified financial services holding company. Shares of C traded higher by 0.66% or $0.26/share to $39.91. In the past year, the shares have traded as low as $36.20 and as high as $51.50. On average, 40442100 shares of C exchange hands on a given day and today's volume is recorded at 30987940.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a bank holding and a financial holding company. Shares of GS fell by 1.49% or $-2.03/share to $134.14. In the past year, the shares have traded as low as $129.50 and as high as $175.34. On average, 5623640 shares of GS exchange hands on a given day and today's volume is recorded at 10110652.
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