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Intu Properties Shares News & Articles

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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