Lehman Brothers, Sansedoni JV buys MPS portfolio

By A staff reporter 2008-05-19T00:00:00

Italian real estate company Sansedoni is teaming up with US bank Lehman Brothers to acquire a portfolio owned by the real estate unit of Siena-based bank Monte Paschi di Siena (MPS). A 50/50 joint venture of Sansedoni and Lehman Brothers is buying 100% of Valorizzazioni Immobiliari (VIM), a fully-owned unit ...

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