Several bidders are reportedly in the final stage to buy Moly-Cop division from Arrium Limited (ASX:ARI). Sigdo Koppers S.A. (SNSE:SK) is drafting in French bank BNP -Paribas while Rhône Group LLC is calling on Citigroup Inc. (NYSE:C) to aid its pursuit of the -business. According to The Australian, it is understood that management presentations are being prepared for up to five international bidders on the shortlist, and some could potentially happen offshore in the coming days.

Other bidders are Blackstone Group L.P. (NYSE:BX), TPG Capital, L.P. and an offshore fifth buyer. Lazard Ltd. (NYSE:LAZ) and UBS are acting as financial advisors for Arrium.