FTSE 250-listed shopping centre group says it is open to talking takeovers with Klépierre — at the right price

Real Estate

Former Investment Banking Editor

The French shopping centre group that hopes to come between a merger of two London-listed peers has increased the price it is prepared to pay for one of them.

Klépierre has tabled an improved cash and share proposal — worth 635p per share — for FTSE 250-listed Hammerson, which is currently in talks to take over Intu.

Hammerson rejects £5bn-plus takeover move by French rival

Hammerson rejects £5bn-plus takeover bid from Fench rival

Tim Burke

Hammerson

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