US investment bank Goldman Sachs has raised its offer for the Italian office fund Berenice to EUR 771 per unit, beating Merrill Lynch's rival bid of EUR 770 per unit. Goldman Sachs previously offered EUR 762 per unit.
US investment bank Goldman Sachs has raised its offer for the Italian office fund Berenice to EUR 771 per unit, beating Merrill Lynch's rival bid of EUR 770 per unit. Goldman Sachs previously offered EUR 762 per unit.
Berenice is an Italian office fund managed by Pirelli RE. It owns assets valued at more than EUR 800 mln. Pirelli RE, which launched the first bid in June, offered some EUR 540 per unit for Berenice.