The bid for Canary Wharf Group by Qatar and a Canadian property fund manager has been approved by enough shareholders for it to proceed.
About 94 per cent of shareholders in Songbird, the main asset of which is the east London financial district Canary Wharf, have accepted the offer, Qatar and Brookfield said in a statement.
On January 30, the board of Songbird recommended shareholders accept the offer after it had spurned earlier approaches.
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