Hudson's Bay Company announces acquisition of Galeria Holding, parent of German department store Kaufhof, for EUR2.42bn
M2 - Tue Jun 16, 4:41AM CDT
Hudson's Bay Company (HBC) (TSX:HBC) announced on Monday that it has entered into definitive agreement with METRO AG (DB:MEO) to acquire Galeria Holding (Kaufhof), the parent company of Germany's major department store Kaufhof, for an enterprise value of EUR2.420bn.
HBC.TO: 15.49 (-0.27)
W. P. Carey Acquires "Big Box" Retail Facility in Gelsenkirchen, Germany on Behalf of CPA:17 - Global
PR Newswire - Thu Oct 16, 6:30AM CDT
W. P. Carey Inc. (NYSE: WPC), a global net-lease REIT specializing in corporate sale-leaseback, build-to-suit construction financing and the acquisition of single-tenant net-lease properties, announced today that CPA®:17 - Global, one of its managed non-traded REITs, has acquired a hypermarket in Gelsenkirchen, Germany. The facility is leased to Real, Germany's largest hypermarket operator and a subsidiary of Metro AG, the German retail conglomerate.
WPC: 68.50 (+0.20)