| Senator urges deeper review of CSAR bids
Sen. Chuck Schumer, D-N.Y., said he fears the Air Force is merely going through the motions in its required review of the combat search-and-rescue helicopter award and is pressing the military branch to "open up the books" on the flawed bidding process. Schumer's bid comes after Sen. John McCain, R-Ariz., the ranking member of the Senate Armed Services Committee, joined the ranks of public officials questioning the Air Force's earnestness of the required Air Force review. "I strongly believe that the Air Force should use this opportunity to determine if the industry can offer improved proposals within the same time frame that will provide additional value for the taxpayer," Schumer said in the statement released Monday. "I again urge the Air Force to issue an amended request for proposal, re-open discussions with the bidders, request revised proposals, and hold a fair and open-re-evaluation." The Air Force in November awarded the contract to The Boeing Co.
Italy confirms Alitalia bidding shakeup
ROME, April 2 (Reuters) - The Italian government confirmed a shakeup in prequalified bidders for airline Alitalia on Monday, including the addition of Russian carrier Aeroflot (AFLT.MM: Quote, Profile, Research). It also confirmed that two of the bidders previously shortlisted separately, U.S. private equity fund TPG [TPG.UL] and MatlinPatterson, have joined forces and that Italian investment bank Mediobanca (MDBI.MI: Quote, Profile, Research) will make an offer with them. The interested parties had until April 2 to announce additions or changes to previously shortlisted bidders. ((Rome newsroom +39 06 8522 4350; fax +39 06 854 0568; rome.newsroom@news.reuters.com)) (C) Reuters 2007. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters.
RAO UES Announces Public Auctions to Sell Shares in 7 Energy ...
MOSCOW (RNWire) – RAO "UES of Russia" announces upcoming auctions to sell 49 percent shares in OAO "Nizhny Novgorod Retail Company", OAO "Sverdlovenergosbyt", OAO "Kuzbass Energy Retail Company", OAO "Belgorod Retail Company" and OAO "Vologda Retail Company", 49.2 percent shares in OAO "Kolskaya Energy Retail Company", and 100 percent shares in OAO "Orenburgenergosbyt". The decision in principle on the divestiture by RAO "UES of Russia" of its share holdings in the ERCs was taken by the Board of Directors on 8 December 2006. The above ERCs are on the list of 8 energy retail companies which are to be divested in the first place. The information about the date and venue of the auction to sell the shares in OAO "Kuban Energy retail Company", which is the last company on the list, are to be announced at a later date.
Ritchie Bros. Auctioneers Holds Record-Breaking Auctions
VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 04/09/07 -- Ritchie Bros. Auctioneers (TSX: RBA)(NYSE: RBA), the world's largest auctioneer of industrial equipment, announces the results of two large unreserved auctions held last week. The largest was a two-day auction in North East, Maryland, which saw buyers make purchases of over US$42 million in gross auction sales - beating the previous Company Maryland record of US$30 million. The other large auction held last week was the Company's grand opening auction in their new permanent auction facility in Denver, Colorado. Gross auction sales at that two-day auction were more than US$29 million, beating the previous Company Colorado record of US$22 million. NORTH EAST, MARYLAND (April 4 & 5, 2007) The two-day auction in North East, Maryland broke a number of Company records for that region, including the highest gross auction sales, the most registered bidders - both in-person and on the internet - the highest online gross auction sales, and the most auction lots sold.
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