VastNed

Dutch Company Vastned retail rejects takeover bid

Indiaretailing Bureau - November 7, 2007

Leading Dutch real estate group VastNed Retail NV rejected a 70 euro per share takeover bid by Inflation Exchange Fund (IEF) Capital, a joint venture of Bouwfonds Asset Management and Inflation Exchange Fund.VastNed called the bid price 'substantially too...

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