PropertyEU

Centro Retail makes EUR 250m offer for Rinascente operator

By A staff reporter 2011-05-03T00:00:00

Centrail Retail Corporation, Thailand's largest retail group, has made a EUR 250 mln offer for the operating company of Italian department store group Rinascente, PropertyEU has learned. The offer includes EUR 205 mln in cash and the assumption of EUR 45 mln in debt.

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