23.06.2009 - Prudential to buy 18% of Chile real-estate firm Paz
From Dow Jones: PLA Chile, a real-estate investment fund managed by U.S. firm Prudential Financial Inc. (PRU), signed an agreement Friday with shareholders of Chilean real-estate developer Paz Corp. (PAZ.SN) to buy new shares totaling 18.3 billion Chilean pesos ($34.3 million), or 18% of the company. Four investment companies known as Familia Paz, which currently control 59.2% of Paz Corp........Full Article (Subscription Required) : Source
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