SUBSCRIBERS
Holders of 28% of Songbird Estate's free float back bid
Published Mon, Dec 8, 2014 · 09:50 PM
London
A BID for Songbird Estates plc, owner of London's Canary Wharf financial district, by Qatar Investment Authority (QIA) and Brookfield Property Partners LP is supported by investors holding 28 per cent of the company's shares that are actively traded.
Madison International Holdings, owner of 12 per cent of the free float, said that it will accept the 350-pence-a-share bid, selling its 2.5 per cent…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
DBS puts 46 retail units, HDB shops on market for S$210 million
US mortgage rates jump above 7% for the first time this year
Far East Shopping Centre back on market at unchanged S$928 million asking price
London mansions sold at 30% discount spell gloom for luxury market
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases