Deutsche Bank Sells Vegas Casino For $1.73B

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Deutsche Bank Sells Vegas Casino For $1.73B

by Wochit 0:39 mins

Deutsche Bank Sells Vegas Casino For $1.73B

by Wochit 0:39 mins

Deutsche Bank is cutting itself free of The Cosmopolitan of Las Vegas resort and casino, saying it's selling the swanky but unprofitable high-rise complex on the Strip to Blackstone Real Estate Partners VII for $1.73 billion. The German investment bank said that the cash deal remains subject to regulatory approvals.

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