Leasinvest withdraws offer for Immo Croissance

By A staff reporter 2007-07-05T00:00:00

Listed Belgian real estate fund Leasinvest said it is withdrawing its offer for Luxembourg investment company Immo Croissance, following the counter-bid launched on 26 June by Icelandic group Baugur at EUR 329.15 per distribution share and EUR 926.16 per capitalisation share. Baugur's bid is almost 11% higher than the offer ...

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