14.05.2012 - Norway emerges as frontrunner to take GBP1.2bln stake in Meadowhall
The Norwegian sovereign wealth fund has emerged as the frontrunner to acquire a majority stake in Meadowhall in a deal that values the Sheffield shopping centre at 1.6bn. Norges Bank Investment Management is closing in on a deal with the centre's owners London & Stamford and British Land to buy 75pc of the centre for around 1.2bn, although the talks are thought to be complicated and a deal could still be weeks away...............................................Full Article: Source
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