Songbird Estates says worth $4.4 billion, more than QIA, Brookfield offer: Reuters

Songbird Estates, the majority owner of London's Canary Wharf, said an upturn in property markets means it is now worth 2.82 billion pounds (US$4.42 billion), more than the takeover offer from Qatar Investment Authority (QIA) and Brookfield Property Partners, Reuters reported. The company, in which QIA already has a 28.6 percent stake, rejected an initial approach on November 7 from QIA and Brookfield.

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