Saturday 8 January 2011

Shopping centres takeover saga takes a comical twist | Mail Online

Shopping centres takeover saga takes a ¿comical¿ twist | Mail Online

The takeover battle for Capital Shopping Centres took a comical twist yesterday after the company slapped a whopping £4.3bn price tag on itself.

CSC, which owns shopping centres around Britain including Lakeside in Essex and
Metrocentre in Gateshead, said the £2.9bn offer by Simon Property Group ‘very substantially undervalues the company and its prospects’.

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