The Board of Hammerson has rejected two different approaches from its French competitor Klépierre, claiming that the proposed offers were too low. The company also walked away from its planned merger with Intu Properties, after ongoing pressure from shareholders.
23 Apr 2018
Credibility in question
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Credibility in question
Hammerson plc (HMSO:LON) | 26.7 0 (-0.2%) | Mkt Cap: 1,331m
- Published:
23 Apr 2018 -
Author:
Zeineb SAHNOUN -
Pages:
2
The Board of Hammerson has rejected two different approaches from its French competitor Klépierre, claiming that the proposed offers were too low. The company also walked away from its planned merger with Intu Properties, after ongoing pressure from shareholders.