Macquarie Bank, the Australian owners of the Steam Packet Company, is said to be eyeing a Danish-German ferry operator in a deal that could see it spend almost six hundred and ninety million pounds.
Scandlines has received at least three bids in an auction by its joint owners, the Danish Ministry of Transport and Energy and German rail operator Deutsche Bahn.
The auction is expected to be completed by the second half of 2007.
Last year, Macquarie Bank bought the Isle of Man Steam Packet group from Montagu private equity for two hundred and twenty five million pounds.
Scandlines was established in 1998 through the merger of a state-owned Danish shipping firm with a German company.
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