Blackstone among suitors for Australia's Centro Properties
Debt-burdened Australian shopping mall owner Centro Properties Group is entertaining an acquisition bid from the Blackstone Group for its more than 700 Australian, New Zealand and US properties, with other PE majors also said to be eyeing the assets.
According to local and global reports, firms including Apollo Management, AMP Capital Investors Ltd., Oaktree Capital and the Singapore Government Investment Corp. (GIC) are among the additional potentials...
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