Friday, July 13, 2007

Italian real estate fund Berenice has been suspended from Milan trade

A media report this morning said Goldman Sachs (nyse: GS - news - people )-owned Zwinger Opco could announce an increase of its offer for Berenice in the coming hours after being outbid by Galante, a fund owned by Merrill Lynch (nyse: MER - news - people ).

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Tuscany Real Estate

Tuscany Real Estate