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INTU Intu Properties Plc

1.752
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Intu Properties Plc LSE:INTU London Ordinary Share GB0006834344 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.752 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Brookfield: Consortium Mulls Cash Offer for Intu Properties

04/10/2018 6:03pm

Dow Jones News


Intu Properties (LSE:INTU)
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By Dimitrios Kontos

 

Brookfield Property Group is part of a consortium that is in the preliminary stages of considering a cash offer for the shares of Intu Properties PLC (INTU.LN) not already owned by members of the consortium, it said Thursday.

Brookfield said the consortium, which also includes The Peel Group and The Olayan Group, hasn't approached the board of Intu yet.

Peel and Olayan hold shares representing around 29.9% of the share capital of Intu, while Brookfield holds no interest.

Brookfield Property Group is the real-estate arm of Brookfield Asset Management Inc. (BAM)

 

Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com

 

(END) Dow Jones Newswires

October 04, 2018 12:48 ET (16:48 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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