Intu Properties Shares News & Articles

Market report: Investors toast Fevertree figures, Superdry founder flogs stock and Drax hurt by downtime

Fancy mixer drinks supplier Fevertree Drinks (FEVR:AIM) storms more than 10% higher in early trade on Tuesday after indicating it will beat full year forecasts. Shares in the AIM favourite fizz 355p up to £38.10 on word that full year results will be ‘comfortably ahead’ of expectations, as the premium drinks maker reported a 35% jump in first half core earnings on the back of strong sales ...

Shopping centre investor Hammerson goes from predator to prey as it receives £5bn takeover offer

Shopping mall landlord Hammerson’s (HMSO) protracted £3.4bn merger with Intu Properties (INTU) could be under threat as French real estate investor Klépierre makes a £5bn bid for the former business. The 615p per share deal has been swiftly rebuffed by Hammerson’s board but it is notable that the market has been far from convinced by tie-up with Intu, marking the shares down ...

Market report: Copper prices hurt miners as plans to create UK mega-mall firm unveiled

The FTSE 100 takes its cue from Wall Street and Asian markets falling 23 points to 7,362.52 on opening. Miners such as Antofagasta (ANTO) have been hit by a fall in copper prices with the company shedding 1.4% to 872.50p. Retail property company Hammerson (HMSO) sheds 3.3% to 517p after announcing plans for a retail property mega merger with Intu Properties (INTU). Intu is up 19% to 236.8p on ...
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