British owner of Birmingham's Bullring shopping centre and London's Brent Cross to give crucial trading update as it fights off French predator



The British owner of Birmingham’s Bullring shopping centre and London’s Brent Cross will give a crucial trading update this week as it fights off a French predator.
Analysts are expecting Hammerson to underline the strength of its business after it rejected a £5 billion advance from Paris-based Klepierre, branding it ‘unsolicited and entirely opportunistic’.
At the same time, it is trying to prop up flagging shareholder support for its own £3.4 billion bid for rival Intu, which owns the Metro Centre in Gateshead and Trafford Centre in Manchester.
Retail landlord Hammerson says the deal to... read more

 
1 April 2018 in Business, Views: 65
Source: Daily Mail
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