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Bank Holiday Papers: Songbird poised to return to the property market -- bid news and gossip
by Phil Cozens on Aug 31, 2009 at 10:02
* Songbird Estates is poised to return to the property market looking for new acquisitions and development opportunities following the £836 million recapitalisation of its majority owner
* RSA Insurance rights issue may prompt deluge of cash calls -- Telegraph
* AIG is considering the creation of an aircraft leasing unit that could help the insurer shed assets from an existing aviation business laden with £18 billion in debt
* Lufthansa plans to seek regulatory approval to form a 'code-share' agreement with JetBlue Airways
* Cowan Healthcare Royalty partners of US has raised more than $200 million for a top-up find
* Investors in Cerberus are seeking the return of over £3.1 billion from the fund after a series of poor investments
* General Motors agrees tie-up with China's FAW Group
* Engine Group, one of the UK's largest independent communications companies, considering a possible stock market listing next year.
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