PropertyEU

Black Sea launches takeover bid for Deutsche Land

By A staff reporter 2009-09-17T00:00:00

Romania-based investor Black Sea Global Properties (BSGP) has launched a £40 mln (EUR 45 mln) offer to buy Deutsche Land, the London-listed German property investor. BSGP, which last week raised its stake in Deutsche Land to 32.1%, is now offering 12 pence in cash per share to buy the remaining ...

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