Fresh doubt thrown on deal to buy Manchester shopping centres

Trafford Centre
Hammerson's £3.4bn deal to take over intu is "on a knife" edge, according to reports. If the deal collapses, it could have wide-ranging impact on the struggling retail sector in the UK. Hammerson is one of the largest shopping centre owners in the UK and it would gain control of the Trafford Centre and the Arndale Centre which are currently owned by intu as part of the deal. However, according to reports in The Sunday Times over the weekend, Hammerson could decide to renegotiate or ditch the deal to buy intu after shareholde... For the full story register now for free or login below...
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