QIA and Brookfield Canary Wharf bid wins over second shareholder

Canary Wharf Group has won support from a second major shareholder but is not, for now, enough to prompt a sale. Madison International Realty has accepted the duo’s offer of 350p per share made last Thursday for its 2.5% in Songbird Estates, the listed vehicle which owns 69.37% of Canary Wharf Group.