Lehman Brothers get green light for Beta fund bid

By A staff reporter 2007-08-16T00:00:00

Italian stock marget regulator Consob has approved the takeover bid by Lehman Brothers' investment vehicle Chrysalis for the closed-end investment fund Beta Immobiliare which is managed by Fimit. The offer, which runs from 20 August until 21 September, comprises about 268,000 units, or 100% of the issued units. ...

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