Long story: the bid, from the other party, was for both Regional and baby and was rejected.
They wanted, apparently, individual bids and the preferred bidder for Regional was Granite: who was in the frame for baby has been discussed here.
Then they changed their minds: then changed then again, and again.
Hence the other party is no longer in the chase: if it all falls apart they may
examine picking up the remains, but unlikely to consider any action without a substantial sweetener and the liabilities being written off.
If you want an opinion, the probability of baby surviving is low.