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"takeover bid" tag

Wholesaler Metro gets €5.8bn takeover bid from Czech-Slovak pair

The board of the world’s eighth-largest retailer has advised shareholders to reject the offer, saying it was far too low. The German wholesaler is present in 25 countries, but has struggled in recent years. A...

Deutsche Wohnen bids for GSW in major housing merger

A new residential real estate giant is in the making in Germany’s housing market. Deutsche Wohnen has made a bid for its rival GSW to form the second largest housing company in the country. Deutsche...