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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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.
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The battle for the United Kingdom developer Chelsfield intensified over the weekend, with reports from London that executives of the property giant are considering a management buyout to
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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 (Dow Jones)--Coles Myer Ltd. (CM) and Macquarie Bank Ltd. (MBL.AU) were Wednesday night close to finalizing a fresh bid for pubs and liquor group Australian Leisure &amp; Hospitality Group Ltd.
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Multiplex, the developer of the troubled Wembley Stadium project, is being eyed as a takeover target.
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Canada-based Brookfield Asset Management Inc.  made an approach to buy out Australia's Multiplex Ltd. , sending shares in the A$4 billion ($3 billion) construction and property firm up as much as 8 percent.
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Anglian Water-owner AWG says it has received an approach which may lead to a bid for the company.
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Business & money: Cable company says it has received a takeover bid and is considering potential sale.
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Multiplex Group, Westfield Group and the billionaire brothers Simon and David Reuben lodged their 585 million- pound ($1.05 billion) bid for Chelsfield Plc, saying they expect the transaction to close in November.
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Retailer Woolworths sees its shares rise more than 20% after private equity group Apax says it is considering a takeover bid.
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Brookfield Asset Management made a cash offer worth 4.2 billion Australian dollars ($3.55 billion) for Multiplex, a troubled developer and contractor.
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THREE key Australian listed property trusts are preparing to slug it out for greater market share in the UK property market. Westfield Group, Multiplex Group and the soon-to-be-merged Lend Lease Corp Ltd and
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MULTIPLEX Group has seen off a late challenge to its takeover of Ronin Property Group, yesterday securing a crucial stake that all but guarantees a successful bid and a re-rating of the developer&#39;s shares.
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Somerfield is embarking on a rapid expansion by buying small Safeway stores that are no longer wanted by WM Morrison. Having fended off an unwanted takeover bid last year, Somerfield raised Â£51m through a
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Westfield Group and Multiplex Group on Monday announced they reached an agreed cash offer for UK property holding company Duelguide plc, valuing it at STG585 million.
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WMC is the subject of a new offer from the Swiss-based mining giant, Xstrata. After last month&#39;s bid through a scheme of arrangement was knocked back, Xstrata has launched an off-market takeover bid for all shares in WMC.