Canary Wharf owner tells investors to reject $4 bln Qatar takeover: Reuters
The owner of London's Canary Wharf financial district advised its investors to reject a Qatari-led US$4 billion takeover bid on Monday, saying the offer undervalued the company and its prospects, Reuters reported. Songbird Estates Plc said the 350 pence per share cash offer from Qatar Investment Authority (QIA) and Canadian investor Brookfield Property Partners LP did not reflect the value of its property or growth potential.
12 January 2015•2 mins read
