Pirelli RE, RREEF set to launch EUR 4.5 bn bid for Arcandor

By A staff reporter 2007-10-09T00:00:00

Italy's Pirelli Real Estate and Deutsche Bank's property unit RREEF are considering launching a EUR 4.5 bn offer for a 49% stake in Arcandor's department store properties, market sources said at EXPO REAL in Munich. The two investment partners would be competing with other four bidders who are also in ...

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