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Qatar raises bid for Canary Wharf-owner Songbird to 2.6 billion pounds

2014-12-04 21:05:12| Real Estate - Topix.net

Qatar Investment Authority and Brookfield Property Partners have offered 2.6 billion pounds for the majority owner of London's Canary Wharf, higher than an earlier approach but still short of Songbird's own expectations. The partners said on Thursday they would offer 3.50 pounds in cash for each share in Songbird Estates, 55 pence a share more than their bid last month, which Songbird rejected, saying it "significantly undervalued" the owner of the business district in East London.

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Qatari bid to buy London's Canary Wharf rejected

2014-11-07 16:16:45| Real Estate - Topix.net

Qatar suffered a rare setback in its London property buying spree on Friday when its offer to buy the company behind the landmark Canary Wharf office quarter was rejected. Songbird, the property firm which controls 69 percent of Canary Wharf Group, said in a statement that its management has unanimously rejected a joint takeover approach from sovereign wealth fund Qatar Investment Authority and US company Brookfield Property Partners.

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Canary Wharf owners reject Qatar bid

2014-11-07 09:17:10| BBC News | Business | UK Edition

The owners of Canary Wharf, Songbird Estates, reject a takeover bid from the Qatar Investment Authority and a US investor saying it undervalues the company.

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Chips Fall As Semi 'Canary' Sings 'Correction'

2014-10-11 07:45:04| Semiconductors - Topix.net

Chip stocks plummeted Friday amid anxiety that the semiconductor industry has entered a downcycle, though analysts differ on just how broad-based any decline might be. semiconductor stocks take nosedive after company warning, Microchip Technology warning cites downcycle, semiconductor industry correction, distributor inventories pile up, analysts differ on impact of semiconductor warning Chip stocks plummeted Friday amid anxiety that the semiconductor industry has entered a downcycle, though analysts differ on just how broad-based any slowdown might be.

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Canary coal mine: Extreme weather, rising seas plague atoll nation

2014-09-18 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Al Jazeera: As global leaders gear up to meet at next weeks United Nations Climate Summit in New York, the president of a small Pacific island nation vulnerable to rising seas caused by global warming said the future of his people depends on creating a carbon-free world by 2050. Out here in the middle of the Pacific Ocean, climate change has arrived, Marshall Islands President Christopher Loeak said in a video address to his fellow heads of state. Our atoll nation stands at the front line in the battle...

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