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Brookfield bids over $14bn for rest of GGP

Bloomberg Brookfield Asset Management Inc. has bid more than $14 billion to acquire the stake it doesn’t already hold in mall owner GGP Inc., according to a person with knowledge of the matter. The Canadian investment firm made an offer of about $23 per share, the person said, asking not to be identified because the information is private. The price ...

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Four in 10 London homesellers cutting prices, says Rightmove

Bloomberg The proportion of London home sellers dropping their asking price is rising as the property market slumps further. With more than four in 10 revising lower, the average price cut of 6.7 percent reflects “initial over-optimism and a tougher market,” Rightmove Plc said in a report published on Monday. New vendors coming to the market in November are also ...

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‘Model 3’ depositors stay put as wait in line lengthens

Bloomberg Brian Lawley was among the first to reserve a Tesla Model 3 after standing in a lengthy line in March 2016 to plunk down $2,000 for not one but two reservations. Almost 20 months later, he’s not going anywhere—even though the wait just got longer. “I just want Tesla to get the Model 3 right, even if it takes ...

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