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Hilton offer pulled
Friday 22nd of October 2004
St Laurence said in late August it planned to buy the Princes Wharf St hotel for $51 million and would raise up to $29.7 million of that through a "proportionate ownership scheme". The balance of the purchase price would be met with secured borrowings. However, it said today the scheme would not now proceed "in its present form".
St Laurence managing director...
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