Vinci and Meridiam have emerged as bidders for Oaktree Capital Management’s Austin-Bergstrom International Airport’s South Terminal, said two sources familiar with the situation.
Management presentations have been completed with final bids due in early to mid-November. Other teams are also expected to bid.
Another party showing interest is Sao Paulo-based CCR, though it’s unclear if it intends to make a final bid, according to one of the sources.
Oaktree is undecided about selling its entire stake in the company, according to two sources. The firm was previously exploring a full sale, a partial sale or a capital injection.