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Bid for Croesus: Is Blackstone buying into a retail boom in Japan?
WHAT value did private equity giant Blackstone see in Japanese mall owner Croesus Retail Trust (CRT) to warrant its buyout offer at a price that far exceeded brokerages' 12-month targets ranging from S$1.08 to as low as S$0.98?
Furthermore, Blackstone took a risk, making an offer when it
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