CCRGF - INTU PROPERTIES PL
| Previous close | 2.99 |
| Open | 0.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 0.00 - 0.00 |
| 52-week range | |
| Volume | 0 |
| Avg. volume | 88 |
| Market cap | N/A |
| Beta | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters•2 days ago
Retail worries spur Hammerson U-turn on $4.8 billion Intu deal
The owner of Birmingham's Bullring and London's Brent Cross said on Wednesday its board had withdrawn its recommendation that shareholders support the all-share takeover due to heightened concerns about the British retail sector. Hammerson's announcement lifted its shares by 4.2 percent to 514.2 pence, but knocked Intu's down 4.1 percent. Shareholders had become concerned the deal would increase Hammerson's exposure to the British retail sector, which has been hit by weak consumer demand.
- Reuters - UK Focus•2 days ago
Retail worries spur Hammerson U-turn on $4.8 bln Intu deal
British shopping centre operator Hammerson is pulling out of buying smaller rival Intu Properties by asking its increasingly sceptical shareholders not to back the planned 3.4 billion pound ($4.8 billion) deal. The owner of Birmingham's Bullring and London's Brent Cross said on Wednesday its board had withdrawn its recommendation that shareholders support the all-share takeover due to heightened concerns about the British retail sector.
- Reuters•2 days ago
Stellar gains for miners and weak sterling send FTSE 100 surging
By Julien Ponthus and Helen Reid LONDON (Reuters) - Surging mining stocks and a fall in the pound boosted Britain's FTSE 100 on Wednesday, with metals prices climbing on supply concerns and data showing ...
- Reuters - UK Focus•2 days ago
Miners power European shares as earnings season gathers pace
European shares rose to fresh seven-week highs on Wednesday, helped by well-received company results and a rally in mining stocks on the back of soaring metal prices. The pan-European STOXX 600 benchmark ...
- Reuters - UK Focus•2 days ago
Corporate earnings and sterling push Britain's FTSE higher
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 ...
- Bloomberg•3 days ago
Hammerson Walks Away From $5 Billion Bid for U.K. Landlord Intu
Hammerson Plc withdrew its offer to buy Intu Properties Plc, a deal that would have created the U.K.’s biggest shopping mall owner. Hammerson’s initial bid of about $5 billion had come as shopping-mall owners try to combine to cut costs and focus on premium properties. The decision was announced days after Klepierre SA abandoned its pursuit of Hammerson, a deal that would have created one of the largest retail-property owners in Europe.
- Bloomberg•3 days ago
Hammerson Pulls Intu Bid as Shareholder Pressure Prompts U-Turn
Hammerson Plc withdrew its 3.2 billion-pound ($4.6 billion) offer to buy Intu Properties Plc after a growing number of its shareholders opposed a deal that would have created the U.K.’s biggest shopping-mall ...
- Reuters - UK Focus•4 days ago
BUZZ-Intu: major Hammerson shareholder to vote against Intu acquisition
** Shopping centre operator Intu Properties shares down 2.2 pct after major Hammerson shareholder said it will vote against Intu acquisition ** Dutch pension fund APG Asset Management said on Friday it ...
- Reuters•7 days ago
Major Hammerson shareholder to vote against Intu acquisition
APG is the second largest shareholder of Hammerson with a 7.1 percent stake, according to Thomson Reuters Eikon data. In a public letter to Hammerson, APG said that although it had an active dialogue with the company and had considered information that was shared, that had not changed its view that the share offer was "insufficiently attractive" for Hammerson shareholders.
- Bloomberg•7 days ago
Three Hammerson Shareholders Express Dissent on Intu Purchase
One of the top 15 shareholders of Hammerson Plc said it doubts the merits of the British mall owner’s plan to buy rival Intu Properties Plc for about 3.5 billion pounds ($4.04 billion), joining two other ...
- Reuters•7 days ago
Hammerson shares slide as Klepierre walks away from bid
Shares in the London-listed company were down 10.7 percent at 464.2 pence at 1040 GMT, erasing most of their gains since Klepierre made its original approach in March. Shares in Paris-based Klepierre were up 3.9 percent. Klepierre's decision to drop its takeover attempt leaves the company behind Birmingham's Bullring centre free to pursue its own acquisition of fellow London-listed shopping centre operator Intu Properties.
- Bloomberg•8 days ago
Hammerson Shares Plunge After Klepierre Ends Pursuit of Landlord
Hammerson Plc. dropped as much as 13 percent in London trading after Klepierre SA abandoned its pursuit of the U.K. company, a deal that would have created one of the largest retail-property owners in ...
- Reuters - UK Focus•15 days ago
Hammerson has not heard from Klepierre since rejecting bid
Britain's Hammerson Plc said on Thursday it had not heard from Klepierre (LSE: 0F4I.L - news) since it rejected a 4.9 billion pound ($6.88 billion) bid from the French operator of shopping centres. Hammerson said it did not intend to finalise shareholder documents related to its proposed acquisition of Intu Properties (LSE: INTU.L - news) , as it awaits clarity on the bid from Klepierre.
- Reuters - UK Focus•last month
BUZZ-Hammerson-Intu: arb traders expect Intu strength after Klepierre disrupts deal
** Arb traders see continued strength in Intu Properties despite disruption in its planned merger with Hammerson ** French shopping centre operator Klepierre offers 4.9 billion pounds for Hammerson, putting ...
Sky News•last monthFrench firm goes shopping for UK's Hammerson
It's a common complaint among the bosses of top property companies that their shares are undervalued. A lot of investors have been shunning the sector on the assumption that commercial property prices are set to fall. Take Hammerson, the UK's biggest shopping centre group, owner of the Bullring and Grand Central centres in Birmingham, Cabot Circus in Bristol, Centrale in Croydon and the UK's first shopping centre, Brent Cross in north London.
- Bloomberg•last month
A $7 Billion Bet That Says Experts Are Wrong About Malls
Hammerson's investors don't think it's worth as much as its net asset value, putting Klepierre in a strong position as a bidder.
- Reuters - UK Focus•last month
BUZZ-UK REITs: brokers downgrade
** Hammerson down 5.1 pct, bottom of FTSE 100 , with midcap peer Intu Properties -2.4 pct ** Credit Suisse downgrades Hammerson to "neutral" and Intu to "underperform" following analysis ...
- Globe Newswire•3 months ago
Man Group PLC : Form 8.3 - [Intu Properties plc]
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the "Code") 1. ...
- Reuters•4 months ago
Suffering sterling supports FTSE, activist stake boosts Whitbread
Britain's top share index was lifted from a two-month low on Wednesday as Brexit negotiations dented the pound, while Costa owner Whitbread got a late boost when activist investor Sachem Head declared a stake in the company. Britain's blue chip FTSE 100 index rose 0.5 percent to 7,364.05 points, outperforming a negative European market thanks to a weaker sterling, down 0.4 percent on the day.
- Reuters - UK Focus•4 months ago
Suffering sterling supports FTSE, activist stake boosts Whitbread
Britain's top share index was lifted from a two-month low on Wednesday as Brexit negotiations dented the pound, while Costa owner Whitbread got a late boost when activist investor Sachem Head declared ...
- Bloomberg•4 months ago
Mall Owners Hit the Pain Barrier
Hammerson's purchase of Intu is a defensive move amid the retail gloom.
- Reuters•4 months ago
Hammerson in 'opportunistic' 3.4 billion-pound swoop on Intu
The all-share offer values FTSE 250-listed Intu at 253.9 pence per share, a 27.6 percent premium to its closing price on Dec. 5, the two companies said on Wednesday. It will combine Intu, the owner of Manchester's Trafford Centre, with the FTSE 100 company behind Bicester Village in Oxfordshire, London's Brent Cross shopping centre and Bristol's Cabot Circus to form a group that will also have sites in Ireland, France and Spain. Shopping centre landlords are facing an increasingly tough backdrop as retailers have become more selective with their expansion plans in response to a difficult consumer spending environment and intense competition from online rivals.
- Reuters - UK Focus•4 months ago
Hammerson in 'opportunistic' 3.4 billion-pound swoop on Intu
Dec (Shanghai: 600875.SS - news) 6 (Reuters) - British shopping centres owner Hammerson Plc has agreed to buy smaller rival Intu Properties (LSE: INTU.L - news) for about 3.4 billion pounds ($4.56 billion) in a long-speculated deal to create a malls giant controlling 21 billion pounds of assets. The all-share offer values FTSE 250-listed Intu at 253.9 pence per share, a 27.6 percent premium to its closing price on Dec. 5, the two companies said on Wednesday.
- Reuters - UK Focus•4 months ago
Cyclicals tug Britain's FTSE lower
The UK's top share index fell back to a two-month low on Wednesday, hurt by renewed weakness in mining stocks and financials, while M&A activity was also in focus. Britain's blue chip FTSE 100 index was ...