PropertyEU

Colonial's shareholders still studying ICD offer

By A staff reporter 2008-02-29T00:00:00

Colonial's majority shareholders, Luis Portillo and Nozar, said on Friday that they were still studying the takeover offer launched by the Dubai sovereign wealth fund, the Investment Corporation of Dubai (ICD), on Wednesday. 'Contrary to some media reports, shareholders have not yet taken any definite decision on the offer, given ...

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