| Qatar’s sovereign wealth fund and Brookfield Property Partners said on Thursday that they had received enough support from investors to move ahead with their $3.9 billion offer for the owner of the Canary Wharf office and retail development.
Investors holding more than 94 percent of the outstanding shares of Songbird Estates have agreed to accept the offer, including a 28.6 percent stake held by the wealth fund, the Qatar Investment Authority. Songbird Estates is the controlling owner of Canary Wharf Group, which operates the complex in the east of London...............................................Full Article: Source |