Klépierre has conceded defeat in its attempt to take over UK rival Hammerson.
In a statement this morning the French retail property giant said it had “concluded that it does not intend to make an offer for Hammerson” after failing to tempt Hammerson with its 635p a share proposal earlier this week.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts