| 04.08.2011 - French property mogul survives slump after deal almost sank him |
| Alain Taravella recalls how in late 2008, as France’s real-estate market slumped, he began doubting his biggest corporate acquisition. A year earlier, he’d bought apartment and office developer Cogedim from investors led by Italian insurer Vittoria Assicurazioni SpA. He outbid General Electric Co. and billionaires Bernard Arnault and Albert Frere to seal the deal.............................................Full Article: Source |