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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Blackstone and other funds said to weigh bid with simon for malls

Posted on 22 February 2010

From Nytimes.com : The Simon Property Group is in preliminary talks with the Blackstone Group and sovereign wealth funds about making a potential joint bid for General Growth Properties, the bankrupt mall operator, people briefed on the matter said.
The talks, which come after General Growth rejected Simon’s unsolicited $10 billion bid for the company, are in early stages and might not lead to a joint bid, these people said…………………..Full Article: Source


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