Simon Property (SPG.N) has given up on its 2.9 billion pounds ($4.5 billion) attempt to buy the largest British mall-owner Capital Shopping Centres (CSCG.L), saying CSC did not provide the information it needed to proceed. "Despite numerous overtures from Simon and in full knowledge that Simon, given this due diligence precondition, is not able to announce a firm offer without it, the CSC board has refused to share any due diligence information," Simon said in a statement on Tuesday. Simon, the biggest U.S. mall owner and with a 5.1 percent CSC stake, was due to formalise its 425 pence per share bid for CSC by Wednesday under English takeover law. [ID:nLDE6BG1OK]
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