AFAIK Free France controls the colonies. And with Clemenceau in charge, I doubt they'd be selling anything. Bad enough that the Republic was forced to abandon La Patrie to Communist traitors, much less lost to Germany (again) in the first place. No, even the small Pacific Island colonies are too valuable to the Third Republic's torn and tattered pride (or rather, Clemenceau's pride) to be given up. If Japan, the USA, or Britain want them, they'll have to fight for them.
As for Portugal, AFAIK, they were neutral in this war, or the war ended before they joined. That said, I don't see them selling any colonies to anyone, especially since they're still in the British sphere of interest. And right now the Italians are probably more concerned with a resurgent Serbia, considering Italy was able to annex Albania after the war. There's also managing their bloated East African colonial empire, having gained virtually all of Somalia at the peace table.
As for Portugal, AFAIK, they were neutral in this war, or the war ended before they joined. That said, I don't see them selling any colonies to anyone, especially since they're still in the British sphere of interest. And right now the Italians are probably more concerned with a resurgent Serbia, considering Italy was able to annex Albania after the war. There's also managing their bloated East African colonial empire, having gained virtually all of Somalia at the peace table.