Author Topic: INTU abandon fund-raising plan  (Read 162 times)

celeste

  • Global Moderator
  • *****
  • Posts: 117019
INTU abandon fund-raising plan
« on: 11:12:13, 04/03/20 »
https://www.bbc.co.uk/news/business-51733403


The owner of some of the UK's biggest shopping centres has abandoned an emergency fund raising.
Intu was looking to raise up to 1.5bn from shareholders to pay down a massive debt pile and secure its future.

But the owner of Manchester's Trafford Centre and Lakeside, in Essex, said "extreme market conditions" deterred investors from giving fresh cash
« Last Edit: 11:48:57, 04/03/20 by celeste »
All that's necessary for the triumph of evil is for good men to do nothing