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KM Financial Solutions | UPDATE 1-Intu gives Whittaker-led consortium until mid-Nov to bid
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UPDATE 1-Intu gives Whittaker-led consortium until mid-Nov to bid

30 Oct UPDATE 1-Intu gives Whittaker-led consortium until mid-Nov to bid

Posted at 08:14h in News by
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Intu Properties Plc said on
Wednesday it had given a consortium led by deputy chairman John
Whittaker until Nov. 15 to make a firm offer or walk away from a
bid for the shopping centre owner.
The company, which has about 20 shopping centres across the
UK and Spain, said it sought an extension from the UK takeover
panel to the earlier Nov. 1 deadline as the consortium wanted to
continue discussions.
London-listed Intu said on Oct 19 it was considering a
preliminary takeover off

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