Intu bid given second extension

intu Trafford Centre

Intu has given a consortium led by its deputy chairman John Whittaker a further extension to make a firm offer or walk away from a bid for the shopping center owner.

The proposed deal, backed by Saudi Arabia’s Olayan Group and Canadian property investor Brookfield Asset Management values the FTSE 250 firm that owns Manchester’s Trafford Centre at £2.91bn.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue