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28 May 2012

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ProLogis European says received no APG-Goodman bid

ProLogis European Properties, a listed fund run by logistics group Prologis, said it has received no approach from bidders - after an announcement by Netherlands pension fund APG that it is considering a full takeover offer with Australia's Goodman at E6 per share. The two said the non-binding bid includes transferring PEPR management to Goodman.

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