Hammerson shares down after Elliott buys stake

By Frances Ivens2018-04-24T06:08:00

Hammerson shares closed 0.37% down on the FTSE 250 on Monday to 537.4p amid speculation of changes at the company after activist hedge fund Elliott Capital Advisors bought a 1.5% stake on Friday.

Capita shares climbed 13.14% over the day following the news that the troubled outsourcing group is issuing £662m worth of new shares at 70p, a 34% discount, to reduce its debt.

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