EUROPE - UBS Global Asset Management is to buy a 51% stake in the real estate funds business of Siemens for an undisclosed amount in a bid to expand its business in Germany.
UBS Beteiligungs GmbH & Co KG and Siemens announced they have signed an agreement in which UBS will acquire a majority stake in the real estate funds business of Siemens Kapitalanlagegesellschaft m...
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