Finance

Hammerson shares plunge 9% as Klépierre abandons approach

By 2018-04-16T07:03:00

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Hammerson shares plunged 9.04% on Friday to 47.00p following the news that French rival Klépierre had abandoned its attempts to take over the UK company.

The European retail property company’s 635p-a-share offer was rejected by Hammerson’s board last Wednesday.

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