Tuesday 24 December 2024
 
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Canary Wharf

Qatari-led group wins $4bn battle for Canary Wharf

A Qatari-led consortium looked set to win its long-running battle to buy Songbird Estates on Wednesday after the owner of London's Canary Wharf business district dropped its opposition to the $4 billion offer. Songbird said it

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Canary Wharf plans to reject $4bn Qatar takeover

The owner of London's Canary Wharf financial district advised its investors to reject a Qatari-led $4 billion takeover bid on Monday, saying the offer undervalued the company and its prospects. Songbird Estates said the 350 pe

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Madison backs Qatari bid for Canary Wharf owner Songbird

Songbird Estates shareholder Madison International Realty plans to accept Qatar Investment Authority's (QIA) offer for the British property company, the sovereign wealth fund behind the hostile move said. The offer of 350 penc

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Canary Wharf owner rejects new $4bn bid from Qatar

The owner of London's Canary Wharf, a major business district, rebuffed a raised GBP2.6 billion ($4.1 billion) bid for the financial district from Qatar and a North American investor saying it was too low. Songbird Estates sai

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Qatar may up bid for Canary Wharf owner

Qatar Investment Authority (QIA) and Brookfield Property Partners may increase their £2.2 billion ($3.5 billion) takeover offer for Songbird Estates, majority owner of London's Canary Wharf, the Sunday Times reported.

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Qatar fund makes joint bid for Canary Wharf owner

Qatar Investment Authority and a US investor have approached Canary Wharf-owner Songbird Estates regarding a possible takeover, in a move which would further boost the sovereign wealth fund's presence in London real estate. So

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Qatar fund makes joint bid for Canary Wharf owner

Qatar Investment Authority and a US investor have approached Canary Wharf-owner Songbird Estates regarding a possible takeover, in a move which would further boost the sovereign wealth fund's presence in London real estate. So

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JP Morgan executive falls to death at London HQ

A JP Morgan tech executive fell to his death from the U.S. bank's 33-storey tower in London's Canary Wharf financial district on Tuesday in what British police said was a "non-suspicious" incident. Police were ca

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Qatar hikes stake in Canary Wharf owner

Songbird Estates, majority owner of Canary Wharf Group, said on Wednesday its two biggest shareholders, Qatar Holding and Simon Glick had increased their stakes in the company. Qatar Holding, a subsidiary of the country's sovereign wealth

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Al Salam in $58m UK property refinance deal

Al Salam Bank-Bahrain, a leading Islamic financial institution, provided £38 million ($58.7 million) in a unique Shari’a compliant mezzanine facility to refinance a landmark commercial property located in Canary Wharf, the financial district of Lo

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