Intu shares tumble on half year results

By Frances Ivens2018-07-26T08:13:00

Source: Shutterstock/Vectorfusionart

Intu’s shares fell nearly 10% (9.97%) to 162.05 p in early trading on Thursday morning after the company announced a 6% drop in portfolio value in its half year results and the departure of chief executive David Fischel.

The company has faced a difficult six months as a £3.4bn buy-out offer from rival Hammerson was withdrawn in April.

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