Market News - Page 718

intu notes the announcement issued by the Board of Hammerson this morning withdrawing its recommendation that its shareholders vote in favour of its all-share offer for intu (the “intu Transaction”)….

On 6 December 2017, the Board of Hammerson announced an all-share offer for Intu (the “Intu Acquisition”). The Hammerson Board firmly believed in the strategic rationale of combining Intu's portfolio with Hammerson's, under the leadership of the Hammerson management team, and the opportunity it provided for value creation in the medium to long term. Notwithstanding this, for the reasons explained below, the Board has now concluded that the proposed Intu Acquisition is no longer in the best interests of shareholders. The Board therefore today announces it is withdrawing its recommendation to Hammerson shareholders to vote in favour of the Intu Acquisition….

Palace Capital, the property investment company that focuses on commercial property predominantly outside London, announces that it has let Unit 2 (known as Solaris House) located in Pitfield, Kiln Farm, Milton Keynes….

Trading Update for the period 1 January 2018 to 17 April 2018…

Acquisition of Lagan Group (Holdings) Limited.Placing to raise approximately £170 million….

Results for the 24 weeks ended 3 March 2018…

Further to the announcement on 4 April 2018, the Board of Directors of the Company (the “Board”) are pleased to announce a proposed placing of up to 72,800,000 new ordinary shares of no par value in the Company (“New Shares”) (the “Placing”)….

Carr's (CARR.L), the Agriculture and Engineering Group, announces its results for the six months ended 3 March 2018. …