intu to be sold to Hammerson to create £21bn company
The owner of three shopping centres in Nottingham is to be sold for £3.4bn in a move that will create a £21bn company.
Hammerson, which owns the Highcross shopping centre in Leicester, is to buy intu - which owns the Victoria Centre and Broadmarsh malls in Nottingham, as well as the intu Derby centre.
In a statement released this morning, Hammerson said the deal will "create a pan-European portfolio of high-quality retail and leisure destinations, with enhanced exposure to high-growth markets and which will benefit from evolvi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
