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Canadian Real Estate Trust is offered $3 billion by ING |
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Friday, 01 September 2006 |
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AMSTERDAM, NETHERLANDS -- $2 billion in cash was nearly offered to Canada’s Summit Real Estate.
Dutch banking and insurance company ING Groep NV will also assume aboutj $ 1 billion worth of debt for the said real estate. The deal is worth $3.4 billion. This should close in October, according to ING and Real Estate Canada Trust. -joshdi16- |