| Related Stories • Portland to solicit private investors for container terminal |
The process of selling what is likely to be a long-term concession is expected to be completed by September, at the earliest.
The financial services firm will begin marketing a concession and seeking qualified bidders in the next few months. Investors will then take a couple of months to perform due diligence on the terminal and its financial prospects, followed by a few months for bid evaluation and selection, followed by financial close and approvals. ' Eric Kulisch
