Royal Host quits bitter takeover battle for CHIP
Article Abstract:
Royal Host Real Estate Investment Trust has called off its plan to acquire all the units of Canadian Hotel Income Properties (CHIP) of Vancouver, British Columbia. The planned takeover was abandoned following the approval of CHIP unitholders to sell 5 million units at C$10 each to the Belkin family, which made the investment through the family holding company Belkorp Industries Inc. The acquisition has made the Belkin family the largest unitholder in CHIP with a 34% equity stake.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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RT's key clients back UBS deal
Article Abstract:
RT Capital Management Inc.'s main clients support the company's sale to UBS AG.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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