Intu Properties Shares News & Articles

Market report: Sainsbury’s slumps on CMA slap-down as investors laud Lloyds’ £4bn capital return

London’s FTSE 100 firms 18.7 points to trade at 7,197.8 on Wednesday, boosted by share price gains from the banking and mining sectors, while markets across mainland Europe and Asia also take a step forward. Supermarket J Sainsbury (SBRY) slumps 15.3% to 244p as the Competition and Markets Authority (CMA) says its planned £7.3bn takeover of Walmart-owned Asda could push up prices and reduce ...

Market report: Intu property buyout falls through, funerals probe and Britvic sweet no sugar switch

Plans to buyout UK shopping centres operator Intu Properties (INTU) have fallen through after a consortium led by the group’s chairman John Whittaker pulled the plug. This comes a huge disappointment to investors in the owner of Manchester's Trafford Centre, sparking a massive 38%-plus slump in the Intu share price, to 117.85p. That values the business at about £1.6bn. This is the second ...

Market report: Brexit crunch talks this afternoon drag on markets, UK engineer Smiths to do the splits

UK stock markets plunged into the red in early trade on Wednesday as crunch time approaches over Brexit. On Tuesday Theresa May agreed the text of a draft withdrawal agreement with the EU and has called a meeting of senior ministers at Downing Street at 2pm today to approve the draft agreement. But investors are clearly far from convinced that any deal will get the votes needed potentially ...
Showing 1 to 20 of 57