Thursday, July 19, 2007
Italian real estate fund Berenice has been suspended from Milan trade pending
MILAN (Thomson Financial) - Italian real estate fund Berenice has been suspended from Milan trade pending an announcement, Italy's stock market operator Borsa Italiana SpA said. A media report this morning said Goldman Sachs (nyse: GS - news - people )-owned Zwinger Opco could announce an increase in its offer for Berenice in the coming hours after being outbid by Galante, a fund owned by Merrill Lynch (nyse: MER - news - people ).