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Warrington Guardian: "Intu collapse: What will happen now to the shopping centres?"

Link to web site

"The owner of the UK's biggest shopping malls, including the Trafford Centre, Intu has tumbled into administration after failed crunch talks with its lenders.

"The shopping centre owner said it has applied to appoint administrators from KPMG, after warning earlier on Friday that it was on the verge of collapse.

"The confirmation came minutes after the London Stock Exchange suspended shares in the listed firm."

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