Mapic 2006, the international retail trade fair, opens in the French Riviera city of Cannes on Wednesday, and a record 8,000 delegates are expected to attend. This is a 19% increase compared with last year. The number of companies exhibiting at the event has risen 18%. France, Italy, the UK, the Russian Federation and Spain will make up the largest contingents during the three-day event from November 15 to 17.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
