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Swedish Cos. Fastighets, Pandox Ink $333.5M Hotel Deal

By Benjamin Horney (April 16, 2014, 4:44 PM EDT) -- Fastighets AB Balder is buying a portfolio of 14 hotel properties from fellow Swedish property owner Pandox AB for 2.2 billion Swedish crowns ($333.5 million), the companies said Wednesday, in a deal that increases Fastighets' European presence....

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