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Group launches $4.4 billion bid for Primaris REIT

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TORONTO (AP) — An investment group led by KingSett Capital and several Canadian pension funds is proposing a $4.4 billion takeover of Primaris Retail Real Estate Investment Trust, one of Canada's largest shopping mall operators. In a related transaction, RioCan Real Estate Investment Trust, the country's largest operator of shopping malls, said Wednesday it has conditionally agreed to buy...