Homburg Acknowledges Partial Tender Offer by Catalyst
Homburg Invest, Inc., a Dartmouth, Nova Scotia-based manager, acquirer and developer of residential, commercial, retail and industrial real estate, has acknowledged a partial tender offer by private equity firm Catalyst Capital Group to holders of mortgage and other bonds. Homburg, which has been restructuring since 2007, is not in negotiations with Catalyst about the offer, nor has it been informed of its contents. Toronto's Catalyst specializes in control and influence investments in distressed and undervalued Canadian situations.
16 January 2013•2 mins read
