- According to Bloomberg sources, Brookfield Asset Management (BAM -1.5%) has emerged as the preferred bidder for Swissport International and is reportedly in advanced talks to acquire the airport services company from HNA Group.
- Deal is expected to be valued over $3B.
- Cerberus Capital Management and Temasek were also looking to acquire Swissport
- HNA purchased Swissport in 2015 from PAI Partners for CHF2.73B (~$2.8B).