Merrill Lynch launches EUR 433m bid for Berenice

Merrill Lynch's Galante fund has launched a counter bid of EUR 760 per unit, or a total of EUR 433 mln, for Italy's real estate office fund Berenice. The new bid beats the EUR 725 offer for each of the 570,000 Berenice units already made by Goldman Sachs-owned Zwinger Opco. ...

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