Hammerson shares fall on news of strategy review

FTSE 100 image

Hammerson shares fell 0.34% on Monday to 520.8p after news broke that the company had appointed McKinsey to launch a strategy review in the wake of its failed takeover bid for rival intu and its own approach from Kleppiere.

On Monday the Times claimed Hammerson chief executive David Atkins appointed global management consultant McKinsey & Company to review the retail property giant’s strategy around a month ago to advise on global retail and consumer trends.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

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

If you are already a registered user or a subscriber you can SIGN IN now