News analysis

Will Klépierre now make a formal offer for Hammerson?

By 2018-03-23T00:00:00

Grand Central shopping centre in Birmingham

Source: Sunil06/Creative Commons

Shareholders are likely to welcome £4.88bn approach after share slump, despite hostility from management.

Should they go for the intu deal or push for the quick return being offered by Klépierre, which owns more than 100 European shopping malls, following the news of its unexpected £4.88bn takeover approach?

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