Cerberus bags EUR 1b portfolio from Metro shareholders

By A staff reporter 2011-04-01T00:00:00

US private investor Cerberus Capital Management (Cerberus) has completed the acquisition of a EUR 1 bn real estate portfolio consisting of 45 Metro Cash & Carry properties in Germany from the three major shareholders of Metro, Franz Haniel & Cie, Otto Beisheim and the Schmidt-Ruthenbeck family. The deal, which was ...

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