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Major investor backs Qatar's bid for Canary Wharf owner Songbird Estates

The Qatari sovereign wealth fund and its partner Brookfield's joint £2.6bn bid for Canary Wharf owner Songbird Estates has been provisionally accepted by Madison International Realty. Madison International Realty owns about 2.5 per cent of the company's stock and around 12 per cent of the free-floating shares.

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