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BDP studying investor ‘shortlist’ claims Reuters

[ June 19, 2012   //   ]

US-based freight forwarder BDP International  is currently talking to three finalists in its search for a possible private equity investor, according to the Reuters news agency. The company itself said in a statement, however: “BDP is continuing to survey multiple potential investors interested in a purely financial relationship rather than an operational stake, and the process is going well.

In deference to confidentiality requirements and all of the companies engaged in the initiative, we cannot disclose the names of the organizations. There isn’t a closing date at this point in the PE investment process…there is no single forgone conclusion as to the completion of the initiative. BDP may make a decision to have a minority partner, or choose to remain fully independent.”

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