10.11.2014 - Qatar and Brookfield's bid for Canary Wharf rejected
Songbird Estates, the owner of London's Canary Wharf financial district, rejected an approach from Qatar Investment Authority and Brookfield Property because the proposed bid is too low. The Qatar fund and Brookfield may offer 295 pence a share, Songbird said in a statement. The owner of about 6pc of Canary Wharf Group climbed 22pc to 320 pence in London trading yesterday after announcing the approach...............................................Full Article: Source
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