UPDATE 1-Intu’s planned 1-bln pound equity raise falls through the cracks
Britain’s Intu said on
Wednesday it was scrapping its planned equity raise of between
1 billion pounds and 1.5 billion pounds ($1.92 billion), as
uncertainties in equity and retail property markets prevented
some investors from committing money into the debt-laden mall
operator.
Wednesday it was scrapping its planned equity raise of between
1 billion pounds and 1.5 billion pounds ($1.92 billion), as
uncertainties in equity and retail property markets prevented
some investors from committing money into the debt-laden mall
operator.
Posted by Reuters
