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Canary Wharf rejects Morgan Stanley offer as Reichmann steps down

Canary Wharf has rejected Morgan Stanley’s £1.5bn offer for the company, coinciding with the announcement that Paul Reichmann will step down as Chairman to launch his own bid.The ...

Citycon not to sell company-held shares

Citycon Oyj’s Board of Directors has decided for the time being not to sell the Citycon shares held by the company, as was stated in the release published on 30 October 2003. The reason ...

Morgan Stanley to sound out investors over Canary Wharf AIM-stock

Morgan Stanley, the US investment firm bidding for London Docklands property company Canary Wharf Group PLC, is to start sounding out possible investors who would be interested in taking on some of th ...

Deka buys £200m Goldman Sachs City HQ

Prudential has sold Christchurch Court, the headquarters of Goldman Sachs, to the German open-ended fund, Deka, for nearly £200m.The 300,000 sq ft building, on 15 Newgate Street EC4, is let to ...

Haslemere: Third Quarter Report - September 2003

Haslemere NV reports a net profit before exceptional interest expense of GBP3.0 (EUR4.3) million over the first 9 months of the financial year ending 31 December 2003, compared with a net profit of GB ...

Brascan to block Morgan Stanley’s Canary Wharf

The Brascan Corporation, which controls a 9% stake in Canary Wharf, has confirmed that it plans to block Morgan Stanley’s bid for the Docklands developer. Canary Wharf said last week th ...

WestLB looks to sell Odeon stake

The embattled German bank, WestLB, is looking to sell its 43% stake in the Odeon cinema chain. WestLB is looking to offload the majority of investments held within its troubled principal finance group ...

Haslemere; further buy in of debentures

Haslemere N.V. announces that it has bought in for cancellation a further GBP6.0 million of the GBP200 million 6.25% First Mortgage Debenture Bonds 2024 issued in 1999 by its Jersey subsidiary, Haslem ...

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