By Thekiso Anthony Lefifi

Capital Shopping Centres (CSC) chief executive David Fischel does not believe there are other potential buyers for the dual-listed retail property owner.

Simon Property Group (Simon), the US's largest shopping mall owner, has abandoned its bid to take over CSC.

Fischel said: "I'm not sure anyone will be too eager to try to quickly," to buy CSC.

The US group claimed CSC "refused to share any due diligence information", and it had no alternative but to pull out.

Fischel said Simon's statement was "not correct".

CSC shareholders are due to vote on January 26 on acquiring Trafford Centre.

Simon, which owns just over 5% of CSC, was unhappy about the acquisition, and bid for all of CSC in order to stop the deal.

Simon said CSC was paying too much.

Source: Sunday Times