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Austria's conwert ups offer price for ECO
Listed residential property group conwert, based in Vienna, has raised to E7.15 from E6.50 the per-share takeover offer price in its bid to acquire the remainder of its ECO Immobilien associate that it does not already own. Johann Kowar, conwert CEO, said the move follows talks with ECO management and its insitutional shareholders. (See upcoming PIE Editions for full story)