Major Hurdle to Clear for Songbird Estates Takeover Bid
Posted on 01/11/2015
The majority owner of Canary Wharf Group Plc, Songbird Estates, is expected to reject the £2.6 billion takeover move by Qatar’s sovereign wealth fund. Canada-based Brookfield Asset Management and Qatar Investment Authority (QIA) have to muster 50% of shareholder support to move forward with the takeover. The bidders have been trying to garner support of […]
- Brookfield Asset Management
- Canary Wharf
- Glick
- London
- Morgan Stanley
- Qatar Investment Authority
- real assets
- Real Estate
- Songbird Estates
