Kuwait said to bid $2.4bn for London development - Property - ArabianBusiness.com:
"Kuwait has made a bid of £1.5bn ($2.42bn) to buy a London real estate development that includes City Hall, an amphitheatre, offices and shops and restaurants, it was reported on Friday.
The Gulf state is keen to buy the More London complex next to Tower Bridge in what could be Britain’s biggest property deal, The Times reported.
It said that St Martins, the property division of the Kuwaiti Government, is in discussions to buy the 13-acre site."
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