Canary Wharf Owner Says Qatar Bid Not Full Value

Canary Wharf Owner Says Qatar Bid Not Full Value

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses a revised offer for Songbird Estates' Canary Wharf business by Qatar Investment Authority and Brookfield. Songbird Estates is not satisfied with the offer, claiming it undervalues the company. The offer includes a 33.6% premium over Songbird's closing price before the initial bid. The situation involves complex financial and market dynamics, with ongoing bidding activities.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the general sentiment of Songbird Estates towards the offer they received?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the initial bid amount offered per share for Songbird?

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