The beginning of the end for Hammerson?: The Guardian: "Shopping mall owner Hammerson rejects French firm's £4.9bn offer"

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"French mall operator Klépierre has approached Hammerson with a £4.9bn bid proposal in an attempt to break up the UK property firm's agreed acquisition of Intu.

"... A source close to Klépierre said it would prefer a constructive dialogue, but was not ruling anything out."

"... Nick Bubb, a retail analyst, said:

"... With many of its fashion and department store tenants in some trouble, Hammerson is going to have work hard now to convince its shareholders of the merits of the Intu deal.”