Simon Property bids £3bn for mall owner CSC

first_img whatsapp Simon Property bids £3bn for mall owner CSC Wednesday 15 December 2010 3:39 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm John Dunne Simon Property Group, in a struggle for control over Capital Shopping Centres, has proposed a 425 pence per share offer valuing the British mall owner at about £3bn.The offer was at a seven percent premium to CSC’s closing price on Tuesday and a premium of 16 per cent to a separate deal in which CSC wants to issue shares to acquire the Trafford Centre shopping mall, Simon Property said.“We should work together to announce a recommended offer, and would urge you to listen to calls from your shareholders — many of whom we have spoken to — opposing the Trafford Centre transaction or asking you to adjourn your forthcoming EGM,” Simon Property said in a letter to CSC’s board.Peel Group, set to take a near 20 percent stake in CSC through its sale of the Trafford Centre mall in Manchester, had said on Monday the deal was for a long-term investment in CSC, and not for cash.The Trafford deal will be subject to a shareholder vote on 20 December. center_img Tags: NULL Show Comments ▼ whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Sharelast_img

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