Patrizia Buys GBW in Deal Valuing Company at $3.3 BillionDalia Fahmy and Nicholas Comfort
Patrizia Immobilien AG agreed to buy Bayerische Landesbank’s GBW AG unit in a transaction that values the residential landlord at 2.5 billion euros ($3.3 billion) including debt. The deal would be the largest in Germany’s property market in five years.
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