VastNed Retail opens books to bidders

Dutch property company VastNed Retail is offering possible bidders a look at its books, ANP news agency reports on Monday.

The company expects to open negotiations with one or more bidders in early 2008, leading to an acceptable bid.
Last week VastNed Retail dismissed an offer of €70 per share in cash from a consortium led by IEF Capital, saying it was substantially below the true value of its shares.

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