Entries tagged "Centro"
Mall owners may be the next batch of businesses to take a tumble as 2008 nears a close. Already, two of the largest retail property owners in the U.S. -- General Growth Properties Inc. and Centro Properties Group -- have been in talks with their lenders to renegotiate the terms of close to $10 billion in bank loans and credit lines. In General Growth's case, a failure to win concessions on its lending terms could place it in default and prompt a bankruptcy filing. ...
Stay tuned to The Deal.com and Deal International for updates on these stories and more. E.ON, former Endesa rivals seal deal The world's largest ever takeover of a power company draws to a close as E.ON AG finally agrees on a $18.6 billion price in a compromise deal with the new owners of Spanish utility Endesa SA. Punch retreats from MitchellsPunch Taverns plc pulls a $3.1 billion offer for Mitchells & Butlers plc but says it may team up with PE bidders to make a lower bid. Fortune, Investor vie for Absolut Fortune Brands Inc. and an all-Swedish consortium...
