It's just hit the tape that US private equity and hedge fund manager Fortress is placing its 27pc stake in German property company Gagfah. Deutsche Bank is doing the placing for Fortress, which bought Gagfah in 2004 for £2 billion.
I think I alluded to something being afoot with Gagfah a few weeks ago on Tip TV - http://www.tiptv.co.uk/archives/tip-tv-highlight-ben-harrington-21-05-2014/ - although not quite what has been announced this morning.
Showing posts with label Fortress. Show all posts
Showing posts with label Fortress. Show all posts
Monday, 9 June 2014
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