Deals
Aggregate Said to Weigh Rival Bid for Property Group CA Immo
- CA Immo awaiting 3.4 billion-euro offer from Starwood Capital
- Starwood rebuffed Aggregate interest in CA stake in December
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Aggregate Holdings SA is weighing a bid for CA Immobilien Anlagen AG, according to people familiar with the matter, potentially challenging U.S.-based Starwood Capital Group for control of the Austrian property group.
The real estate investor expressed interest in December in acquiring Starwood Capital’s near 30% stake in CA Immo and was rebuffed, the people said, asking not to be identified discussing confidential information. It is now considering approaching other shareholders with an offer, the people said.