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Imperial Oil begins to accept proposals for Esso stations: sources

By John Tilak, Euan Rocha and Scott Haggett TORONTO/CALGARY (Reuters) – Imperial Oil , Canada’s No. 2 integrated oil producer and refiner, is moving forward on plans to sell some 500 of its remaining company-owned Esso retail sites and has begun to accept proposals from interested bidders, according to four sources familiar with the process. In January Imperial, majority-owned by Exxon Mobil , said it was evaluating selling its remaining

Trendy Houston area home on sale for a dollar and a few words

By Amanada Orr HOUSTON (Reuters) – A home in a popular Houston neighborhood valued at nearly $400,000 has been put on the block for the sale price of $1 and one compelling essay. Husband and wife Michael and Stephanie Wachs are moving to a home closer to their daughter’s preschool and want the owners of their old home to move in without being burdened by a mortgage. They are asking

Unibail sells German mall operator stake to Canada's CPPIB

French real estate group Unibail-Rodamco said it signed an agreement to sell a 46.1 percent stake in German shopping center operator mfi AG to the Canada Pension Plan Investment Board (CPPIB) for 394 million euros ($450 million). The move extends an existing German joint venture between Unibail and CPPIB created when Unibail took a stake in the CentrO shopping center in Oberhausen a year ago.