28.10.2013 - British Land rumored as potential target for Kuwaiti sovereign wealth fund
The Kuwait Investment Authority is rumored to have approached British Land Co. Plc with a £8.99 billion, or £9-per-share, cash bid, The (U.K.) Daily Mail reported Oct. 24. The deal would value the company at £6.2 billion, according to the report. J.P. Morgan Cazenove analysts Harm Meijer, Tim Leckie, Neil Green and Annelies Vermeulen said in their daily Property Ticker briefing that a deal is "unlikely."..............................................Full Article: Source
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