Belgian property firm Cofinimmo said it is considering withdrawing its takeover bid for peer Immo Croissance, which owns office properties in Belgium, Germany and Luxembourg. 'We are considering a withdrawal. To say that we will withdraw from the bid is too strong at this point, but we have not decided to move forward,' a spokesman told AFX News. Immo Croissance is reported to have rejected the bid as too low. Cofinimmo last week raised its first bid made in May of this year, which had valued Immo Croissance at EUR 120 mln.
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