NETHERLANDS DAYBOOK: ProLogis European Properties, Spyker Cars

ProLogis (PLD), the world’s largest warehouse owner, said its stake in ProLogis European Properties (PEPR) was little changed since it made a bid for the fund last week.

Since making the offer for ProLogis European, or PEPR, on April 22, the company has received for tender or purchased in the open market 8,818 ordinary units in the Luxembourg-based company, ProLogis said today in a statement. That would bring its total holdings in the fund to 39 percent, ProLogis said, compared with 38.9 percent when the bid was made.

WHAT TO WATCH: *AMG (AMG NA) obtains $300m of 5-yr loans. *Ballast Nedam (BALNE) repeats 2011 profit forecast. *HES Beheer (HES NA) 1Q profit EU4.7m. *LBi International (LBI NA) has 1Q net of EU4.6m. *Randstad (RAND NA) price est. cut to EU43 from EU44 at ING. *SBM Offshore (SBMO NA) wins orders with total value of $250m. *Spyker Cars (SPYKR NA) has 1Q loss of EU79.4m. *Wessanen (WES NA) raised to “hold” from “reduce” at SNS.


MARKETS: *The Amsterdam Exchanges Index dropped 0.1 percent to 359.49. *The Stoxx Europe 600 Index gained 0.3 percent to 283.04. *The Euro was at $1.4835 at 8:25 a.m. Amsterdam time. *The Dutch 10-year bond yield was 3.516 percent at 8:25 a.m.

To contact the reporter on this story: Maud van Gaal in Amsterdam at

To contact the editor responsible for this story: Frank Connelly at

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