Simon Property Group to acquire Taubman Centers for $52.50 a share in cash
Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania.U.S. shopping centers owner Taubman Centers agreed to be bought by larger peer Simon Property Group in a deal valued at $3.
6 billion, the companies said on Monday.CNBC contributeed to this report.Indonesia Berita Terbaru, Indonesia Berita utama
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Simon Property Group to acquire Taubman Centers in all-cash deal valued at about $3.6 billionSimon Property Group Inc. said Monday it has entered an agreement to acquire mall REIT Taubman Centers Inc. in an all-case deal valued at about $3.6 billion....
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Simon Property Group to acquire Taubman Centers in all-cash deal valued at about $3.6 billionSimon Property Group Inc. said Monday it has entered an agreement to acquire mall REIT Taubman Centers Inc. in an all-case deal valued at about $3.6 billion....
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Banijay Completes Refinancing Drive to Raise $2.5 Billion for Endemol Shine AcquisitionFrance-based Banijay Group has completed its refinancing drive to raise €2.3 billion ($2.5 billion) for the acquisition of Endemol Shine Group. Banijay announced its $2.2 billion deal for Endemol S…
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Deal reached to cut bankrupt Puerto Rico's debt by $24 billionPuerto Rico would shed about $24 billion of debt and move closer to exiting bank...
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Puerto Rico bondholders, oversight board strike $35 billion debt restructuring dealThe deal, which will still need to be approved by the judge overseeing the bankruptcy process, provides for an approximately 30% average haircut for all $35 billion.
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L Brands nears deal to sell Victoria's Secret to private equity group: reportL Brands is close to a deal to sell Victoria's Secret to private equity company Sycamore Partners, CNBC reported Sunday night. A price was not reported, but CNBC said the deal could be announced this week. The Wall Street Journal reported in January that L Brands was considering selling the Victoria's Secret brand, as well as Chief Executive Lex Wexner stepping down from his role. CNBC said it was unclear what Wexner's role, if any, would have after the deal. L Brands shares are down 11% year to date, compared to the S&P 500's 23% gain.
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