14 May 2004
It is understood that Franklin Mutual, which has a 6.8% stake and is the biggest shareholder in Canadian company Brascan, a rival bidder to Morgan Stanley, will not vote for the 295p-a-share offer. It is also thought that Scottish Widows, which is a 4% shareholder, will not vote for the ...
You must be logged in to continue
Register for free to finish this article
Due to the unprecedented challenge facing our industry at this time propertyweek.com will be entirely free to view to all users until 19 April. Register now to benefit from the following:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.