Syndicate prepping Distrigaz for privatisation

The consultant that will deal with the privatisation of Distrigaz Nord and Distrigaz Sud is a syndicate comprising Credit Suisse First Boston (CSFB), the Romanian-American Enterprise Fund and Miculitii & Asociatii SCPA Linklaters law firm, sources close to the negotiations told Ziarul Financiar. The representatives of Phare’s Central Financing and Contracting Unit (CFCU), the project’s implementation unit, could not be reached for comment by press time, with the name of the consultant set to be published on the European Union’s website. Six major groups, ABN Amro, Bank of America Securities Limited, BNP Paribas, Commerzbank AG, Credit Suisse First Boston International and HSBC Bank Plc. were short-listed  out of 18 candidates last year. ZF