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Blackstone to buy German property group

Published Tue, Nov 8, 2016 · 09:50 PM
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Frankfurt

BLACKSTONE is to buy OfficeFirst Immobilien from IVG Immobilien AG, ending months of talks over a potential sale or stock market listing of the German property company.

Both sides did not comment on the price, but three people familiar with the process said Blackstone was paying…

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