Sorgente launches takeover bid for Caravaggio fund

By A staff reporter 2010-09-28T00:00:00

Italian property fund manager Sorgente said that it is making a takeover offer for the Milan-listed Caravaggio real estate fund through its Donatello-Comparto Iris investment vehicle. Donatello already holds a majority stake in Caravaggio and is offering EUR 2.9 per share, or a total of EUR 35 mln for the ...

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