Whittaker and DWS in talks to sell £1bn stake in Peel Ports to Australian Super

Legendary North of England property enterpreneur John Whittaker and Deutsche Bank Asset Management (DWS) are to sell a 25% stake in the £4bn UK ports operator Peel Ports to Australia’s largest superannuation fund Australian Super, as Whittaker continues to raise funds ahead of a proposed £1bn equity raise by intu, the troubled shopping centre group in which he is a significant shareholder.