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TAG Immobilien to purchase 25,000 units

Deutsche Kreditbank AG (DKB) today accepted TAG Immobilien AG's bid to buy DKB Immobilien AG. On 29 February 2012, TAG Immobilien AG had submitted a binding purchase offer for DKB Immobilien AG, with a cash component of €160 million. TAG will also assume about 800 million euros of debt by purchasi[…]