Issue 2010 December 14th

This issue was created on 2010-12-14 08:13:00

  • Simon rebuffed again in UK retail bidDecember 14, 2010
The battle for control of the UK’s Capital Shopping Centre retail property business took another twist at the weekend as US shopping centre colossus Simon Property Group made another objection to the deal with Peel. Simon – which wants to acquire a stake in CSC - wrote to CSC chairman Patrick Burgess imploring the company to explore an alternative financing model rather than push ahead with the GBP 1.6bn acquisition of the Trafford Centre.
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