This story from the AFR suggests there at least 4 bidders have progressed to the 2nd stage. The more parties involved the less likely influence a perception of a 'distressed seller' will have. I dont see anything to suggest it wont sell
"It is understood there are also a number of other parties, outside of the telco (2degrees), its potential PE partners and TrustPower, who have progressed to the next stage of bidding."
http://www.afr.com/business/telecom...and-ahead-of-end-of-year-sale-20180302-h0wwvx
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