UK property investment and outsourcing company Mapeley said on Friday it had ended talks with an unnamed suitor after it successfully refinanced £257 mln (EUR 325 mln) in debt. Mapeley was reportedly in talks to be bought out by its majority shareholder, US hedge fund Fortress, although Fortress’ involvement was never confirmed. Mapeley had announced on February 26 it was in discussions relating to a possible bid for the company.
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