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French property group DTZ in takeover discussions

Posted on 13 May 2011

French real estate company SGP is in line to mount a takeover of DTZ, following an announcement on Wednesday that it was in discussions with various suitors, according to a UK newspaper.
SGP already owns 55% of the indebted real estate company and could choose to buy all remaining shares in a deal that would value DTZ at £162m (€186m), according to The Daily Telegraph……………………………………….Full Article: Source


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