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28 May 2012

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Hamburg's TAG in E40m capital increase

Hamburg-based TAG, which has just won control of Colonia Real Estate, is launching a rights issue for about E40m at E7 or more per share to respond to high interest and raise financing for new acquisitions. "The successes of recent weeks .. encourage us to continue to advance the growth process," said CEO Rolf Elgeti. "After the deal is before the deal

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