Mills buys stakes in 9 GM-owned malls
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Virginia-based REIT will pay $1B, before transaction costs, for a 50% stake in the properties. NEW YORK  - Real estate investment trust Mills Corp. said Tuesday it will buy a 50 percent managing stake in nine regional malls from a General Motors ...
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Diageo Plc, the world&#39;s biggest liquor company, raised $2.26 billion by selling 49.9 million shares of General Mills Inc., the No.
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WASHINGTON -- Mall developer The Mills Corp. said Tuesday that it now plans to accept a $1.6 billion takeover bid by Simon Property Group Inc. and the hedge fund Farallon Capital Management LLC, spurning a lower offer from Canadian company Brookfield Asset Management that Mills agreed to last month.
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General Mills Inc.  on Monday said it will sell an &#36;835 million stake in its cereal business to an affiliate of Lehman Brothers Holding Inc.  and use the money to buy back 16.5 million of its common shares from Diageo Plc .
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The Macerich Co., owner of stakes in 63 US malls, agreed to buy Wilmorite Properties Inc. of Rochester for about $2.33 billion to gain shopping centers in the eastern part
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Shares of Sears, Roebuck and Co. were  up about 20 percent on Friday after real estate company Vornado  Realty Trust said it raised its stake in the retailer, a step  that could mean Sears plans to convert some of its real estate  assets into cash.
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General Electric Co. GE.N said on  Friday that two private investment firms completed a deal to  buy a majority interest in its India-based back office unit.
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Mall owner Mills Corp.  said on Tuesday a $1.56 billion takeover offer from Simon Property Group Inc.  and Farallon Capital Management is superior to a rival bid by Brookfield Asset Management Inc. .
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SYDNEY (Dow Jones)--The world&#39;s largest owner of shopping malls, Australia&#39;s Westfield Group (WDC.AU), bid GBP585 million for Chelsfield PLC (CLF.
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The board of mall owner Mills Corp.  will weigh a $1.56 billion takeover offer from Simon Property Group Inc.  and Farallon Capital Management, but its deal with Brookfield Asset Management Inc.  remained intact, Mills said on Tuesday.
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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.
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PepsiCo. Inc., the world&#39;s No. 2 soft- drink maker, plans to buy General Mills Inc.&#39;s stake in their European joint venture for $750 million in cash, giving it complete ownership of Europe&#39;s largest snack-food company.
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PLEASANTON -- US developer Mills Corp. has agreed to buy a 50 percent interest in Stoneridge mall and eight other regional malls from General Motors Asset Management Corp.
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he Rouse Company, the mall developer and manager that has helped reshape the nation&#39;s landscape, agreed yesterday to be acquired by General Growth Properties, the big owner of shopping centers, for $7.
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Real estate investment trust Mills Corp. said Wednesday that its joint venture with Canada&#39;s Ivanhoe Cambridge has agreed to acquire shopping mall St.
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NEW YORK, Aug 17  - Mills Corp. (MLS.N: Quote, Profile, Research) , adeveloper of theme shopping and entertainment malls, on Tuesday said it would pay a General Motors unit about $1.033 billion to buy a 50 percent managing stake ...
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General Growth Properties Inc.  GGP.N, the No. 2 U.S. shopping mall owner, has agreed to buy  Rouse Co. RSE.N for $7.2 billion, expanding its holdings of  regional shopping centers and commercial property, the  companies said on Friday.