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The owner of Centre Parcs is reportedly looking to speed up its sales process by finding a consortium out of its interested parties after its initial bid deadline passed without any formal offers, according to the Financial Times.
The outlet revealed that the three remaining bidders, Singaporean sovereign wealth fund GIC and private equity groups Antin Infrastructure Partners and KSL Capital Partners, were set to submit a second round of offers to Brookefield by the end of July.
However, the FT revealed that sources close to the sales process said that no offers have been made and that advisers to Brookfield are attempting to arrange a consortium out of the three firms to help spread the costs.
It is thought that Brookfield is aiming for a valuation of about £4bn for the holiday park chain, a premium on the sum of £2.4bn for which it acquired it back in 2015.
The FT also cited that people close to Brookfield believe a deal could still be sealed in the coming weeks with Brookefield potentially opting to offload a minority stake to a single bidder.
