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Qatar's bid for Canary Wharf-owner Songbird wins more support


    LONDON (Reuters) - The Qatar Investment Authority (QIA), attempting a hostile takeover of Songbird Estates , said another Songbird shareholder had said it plans to accept the sovereign wealth fund's offer, bringing acceptances to 32 percent.

    QIA and its bidding partner, U.S. investor Brookfield Property Partners , on Thursday launched a 350-pence-a-share offer to shareholders for the owner of London's Canary Wharf financial district.

    EMS Capital, the holder of around 4 percent of Songbird's share capital, had said on Wednesday that it would accept the offer.

    "Taken together with the letter of intention from Madison International Realty announced on 8 Dec, QIA and Brookfield have so far received public support from holders of approximately 31.6 percent of Songbird's free float," the bidders said in a statement.

    (Reporting by Sarah Young, Editing by Paul Sandle)