Wednesday, 6 April 2011

Songbird says Qatar, Glick family up stakes | Reuters

Songbird Estates (SBDE.L), majority owner of Canary Wharf Group, said on Wednesday its two biggest shareholders, Qatar Holding and Simon Glick had increased their stakes in the company.

Qatar Holding, a subsidiary of the country's sovereign wealth fund, acquired 28.5 million ordinary shares, raising its stake by 3.7 percent to 27.7 percent, Songbird said in a statement to the London bourse.

GF Investments II, an investment vehicle for Simon Glick and his family, bought 8.8 million shares, increasing its stake by 1.1 percent to 25.1 percent, it said.

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