German retail investor Deutsche EuroShop said on Tuesday that its executive board and supervisory boards have decided to recommend shareholders to accept the €21.5 a share takeover offer launched last month by Oaktree Capital Management and the Otto family office, Cura Vermoegensverwaltung.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
