- French real-estate group Klepierre (OTCPK:KLPEF) is closing in on a deal to acquire Dutch rival Corio (OTC:CRIOF) for €7.2B ($9.7B), which would create an industry leader with €21B in assets.
- The boards of both companies as well as their main shareholders (Simon Property Group (NYSE:SPG) and BNP Paribas (OTCPK:BNPZY)) back the deal, the companies said in a joint statement.
Klepierre to acquire Corio for $9.7B
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