Canary Wharf Owner Says Qatar Bid Not Full Value

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.

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

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