Chart
Timetable for a Strategic Sale

 

Months

Activity

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

EOI invited for Financial Advisor

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RFP package sent to qualified FAs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FAs submit technical and financial proposals

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Evaluation of FA proposal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Board approval and contract negotiations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due diligence and privatisation strategy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preparation of info memo and data room

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EOI invited for bidders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-qualification of bidders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due diligence by pre-qualified bidders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-bid conference and bidding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CCOP approval