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Klépierre ends pursuit of Hammerson which remains silent on Intu deal in response

Klépierre walked away from submitting a formal offer to buy Hammerson this morning which prompted the British retail REIT to welcome the clarification and re-affirm its confidence in the “intrinsic value of Hammerson and its prospects”.
By James Wallace
April 13, 2018 | 11:52 AM

David Tyler, chairman of Hammerson, said: “The board is confident in the intrinsic value of Hammerson and its prospects. It is entirely focused on delivering value for shareholders in the shorter and longer term.”

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