PropertyEU

Hammerson 'bowed to shareholder pressure’ on Intu deal

By Isobel Lee 2018-04-20T00:00:00

dundrum

Hammerson decided to abandon the €3.9 bn takeover of its smaller UK peer Intu almost wholly due to ‘shareholder pressure’, according to Hemant Kotak, managing director and head of Green Street Advisors’ UK and Swiss coverage.

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