Not exact matches
It is s risky strategy performed
by many companies as lack of
investment can be costly, but if it's done swiftly enough and the
bidders are plentiful it can work.
A.I.G. had hoped to shore itself up, in party
by selling certain businesses, but potential
bidders, including the private
investment firms Kohlberg Kravis Roberts and TPG, withdrew at the last minute because the government refused to provide a financial guarantee for the purchase.
A consortium formed
by Antin Infrastructure Partners, ICAMAP, an independent real estate fund manager and Borletti Group, a private
investment entity focused on retail, luxury and real estate, ranked first among
bidders and has been selected
by Ferrovie dello Stato Italiane (FS) and Eurostazioni as the winning counterpart for the purchase of a 100 % stake in Grandi Stazioni Retail (GSR).
Darcy Stacom, vice chairman and head of the
investment properties group for CBRE's New York office, said «499 Park is a one - of - a-kind asset, as is evidenced
by the diversity and strength of
bidders in this extremely active bidding process.»