Westfield Group and Multiplex Bid for Chelsfield
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Westfield Group, the world&#39;s biggest owner of shopping malls by market value, teamed up with Multiplex Group, an Australian property developer, and David and Simon Reuben to bid for Chelsfield Plc, a UK property developer.
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Wembley Stadium developer multiplex receives a $6.1bn offer from Canada-based Brookfield Asset Management.
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FRANK Lowy&#39;s Westfield Group dominates the listed property trust sector by size and remains a favoured stock among brokers. After the $27 billion merger of the three Westfield trusts earlier
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The Takeovers Panel said today the Woolworths bidding group had offered two undertakings on its proposed $1.2 billion bid for Australian Leisure &amp; Hospitality Group that resolved concerns from rival bidders.
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Somerfield raised Â£51m through a shares placing yesterday to help finance the purchase of 114 stores from its rival supermarket group, William Morrison.
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The board of mall owner Mills Corp.   will weigh a $1.56 billion takeover offer from Simon  Property Group Inc.  and Farallon Capital Management,  but its deal with Brookfield Asset Management Inc. (BAMa.TO)  remained intact, Mills said on Tuesday.
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Utility firm AWG says it has agreed a consortium takeover worth 2.213 billion pounds -- but has also received approaches from other bidders.
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Shares in Australian Leisure &amp; Hospitality Group yesterday raced ahead of the latest takeover offer, gaining 23 Â¢ to $3.14 as investors speculated Coles Myer was building a strategic stake in the pub and poker machine operator.
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LONDON -- A Qatari investment fund said yesterday it is talking with J Sainsbury PLC about a takeover, marking the second bid this year for Britain's third-largest supermarket group.
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Westfield Group, the world&#39;s biggest owner of shopping centers, offered UK property developer Elliot Bernerd 585 million pounds ($1.
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Takeover target Ronin Property Group said it would respond to an offer by Multiplex Group for all the securities in the company in about three weeks.
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WASHINGTON -- Mall developer The Mills Corp. said Tuesday that it now plans to accept a $1.6 billion takeover bid by Simon Property Group Inc. and the hedge fund Farallon Capital Management LLC, spurning a lower offer from Canadian company Brookfield Asset Management that Mills agreed to last month.
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Private equity firm Texas Pacific Group   is considering a bid for J. Sainsbury  and is  working on building a consortium, the Financial Times reported.
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Multiplex Group and Russian billionaire brothers David and Simon Reuben joined Westfield Group&#39;s Â£585 million ($1.54 billion) bid for Chelsfield after striking a deal to carve up the UK property developer.
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Multiplex Group, Westfield Group and the billionaire brothers Simon and David Reuben lodged a formal 585 million-pound ($1.05 billion) cash offer for Chelsfield Plc, meeting a deadline to win support from the company&#39;s owners.
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The public body which operates the London Underground said Friday it was ready to make an offer for one of the private companies which runs its infrastructure.
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SYDNEY: Australian shopping center giant Westfield is teaming up with property group Multiplex and Aldersgate Investments to make a cash offer for Duelguide, the company which owns British developer Chelsfield.