Lone Star Agrees to $1.57B Deutsche Post Property Deal

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April 15, 2008

Lone Star Agrees to $1.57B Deutsche Post Property Deal

By Michelle Napoli

German logistics provider Deutsche Post World Net, based in Bonn, reached an agreement with Lone Star to sell to the Dallas-based private equity fund player a portfolio of 1,300 properties for 1 billion euros, or approximately US$1.57 billion.

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