Intu Properties PLC (INTUP.L)
13 Aug 2018
Thu, Jul 26 2018
July 26 Intu Properties' chief executive officer is stepping down as the British shopping centre operator swung to a loss and warned of lower rental income growth for the full year, sending its shares down 9 percent to a record low.
July 26 Intu Properties Chief Executive Officer David Fischel is stepping down months after a 3.4 billion-pound ($4.49 billion) takeover of the British shopping centre operator by bigger rival Hammerson fell through.
LONDON, July 24 British shopping centre operator Hammerson aims to exit its out-of-town retail parks business as part an overhaul to calm shareholder unrest following its failed takeover of rival Intu Properties .
LONDON, July 24 British shopping centres group Hammerson said on Tuesday that it is planning 1.1 billion pounds ($1.4 billion) of disposals by the end of 2019 as part of an overhaul of its business following its failed takeover of rival Intu Properties earlier this year.
LONDON, April 25 A 3.4 billion-pound takeover of British shopping centre operator Intu Properties by bigger rival Hammerson has been formally scrapped after Hammerson was freed from its obligation to hold a shareholder vote on the deal.
British shopping centre operator Intu Properties said on Wednesday it was withdrawing its recommendation for a takeover offer from Hammerson for 3.4 billion pounds ($4.74 billion).
April 25 British shopping centre operator Intu Properties said on Wednesday it was withdrawing its recommendation for a takeover offer from Hammerson for 3.4 billion pounds ($4.74 billion).
British shopping center operator Hammerson is pulling out of buying smaller rival Intu Properties by asking its increasingly skeptical shareholders not to back the planned 3.4 billion pound ($4.8 billion) deal.
* Hammerson rises 4.2 pct to 514.2 pence (Updates with comment from Hammerson investor APG)
LONDON, April 18 A positive start to the first-quarter earnings season and a softening pound triggered by weak inflation data helped to lift Britain's FTSE 100 index on Wednesday as concerns ease over a U.S.-Russia stand-off over Syria.
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