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United States

Financial Services & Real Estate Headlines

Pebblebrook sweetens offer for LaSalle Hotel

Pebblebrook Hotel Trust on Monday raised its offer to buy fellow U.S. hotel owner LaSalle Hotel Properties , seeking to scuttle Blackstone Group LP's $3.7 billion deal with the company.

UAE's ADNOC may sell more of distribution business: sources

Abu Dhabi National Oil Company is considering selling another 10 percent stake in its fuel distribution business, which listed in an initial public offering last year, but the timing is uncertain, three sources familiar with the matter said.