Issue 2011 January 11th

This issue was created on 2011-01-11 08:23:00

  • Time runs out as Simon threatens CSC dealJanuary 11, 2011
Capital Shopping Centres last week outlined terms for a revised and recommended offer for Peel Holdings' Trafford centre, repelling a potential takeover from US giant Simon Property Group. CSC said the revised offer implied a net asset value well above the 425p cash indicative offer from US mall giant Simon, which pulled out of the race this morning.
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