Browse
related articles
Limitless makes $473m offer for Minerva
- United Arab Emirates: Wednesday, June 11 - 2008 at 09:59
Limitless, the property development arm of government owned Dubai World, has submitted an offer to buy UK real estate company Minerva for 242 million pounds ($473m), reported the UK's Telegraph. The takeover proposal values Minerva at 140 pence - 150 pence a share. Minerva's shares, which were trading as high as 423 pence last June, has since tumbled as investors have become worried about the company's debt and the prospects for the UK commercial property industry.
Related Content
Article Options
Jeff Florian, Senior ReporterWednesday, June 11 - 2008 at 09:59 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
