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Morgan Stanley says alternative offer for Canary Wharf not a certainty

Morgan Stanley-led consortium Silvestor UK Properties Ltd, which is bidding for London developer Canary Wharf Group plc, said its announcement last Friday was not intended to imply a new offer for Can ...

St Modwen Properties confident after strong profits and exceptional start to 2004

St Modwen Properties plc said it is confident of another year of record results ahead after the year to Nov 30 2003 turned in strong profits and net asset value. The regeneration specialist today repo ...

British Waterways plans

British Waterways is seeking a development partner for a £2bn mixed-use scheme at Wood Wharf, a vacant 20-acre site next to Canary Wharf.The proposed development would provide 3.5m sq ft of office, r ...

Brascan ups bid for Canary Wharf

Canadian group Brascan upped its bid for Canary Wharf Group plc to 275 pence per share, matching a rival bid from a consortium led by Morgan Stanley, from its earlier offer of 270 pence a share. The n ...

Rodamco Europe completes DonauZentrum transaction

Rodamco Europe has completed the signing of the purchase of 90% of the DonauZentrum in Vienna, Austria, as announced on 22nd December 2003, after having obtained the necessary approval from the Austri ...

Europe´s big banks profit as demand for credit rises

Rising investment banking profits boosted last year´s profits at three of Europe´s largest banks - Credit Suisse, Barclays and Société Générale. The lenders were also buoyed by ...

Lazard gears up to attack European buy-out

Lazard, the independent investment bank headed by Bruce Wasserstein, is quietly planning an assault on the UK and western Europe´s buy-out market with plans to increase significantly its pre ...

Warburg

Warburg - Henderson KAG has continued its acquisition programme for its Pan-European Fund No. 1 with the purchase of three investments totalling ca. €50m in France, Germany and the UK. In the Parisi ...

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