PropertyEU

Prologis increases stake in PEPR ahead of full offer

By A staff reporter 2011-04-14T00:00:00

Prologis has increased its stake in Euronext-listed fund Prologis European Properties (PEPR) ahead of launching a mandatory tender offer for all the outstanding units in the fund it does not already own. Earlier Prologis rejected the APG-led EUR 6 per unit offer and has now counter-attacked with its own bid ...

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