Intu gives consortium led by Whittaker more time to bid

FILE PHOTO: The different levels of a new Debenhams department store are seen at Intu Properties' Watford shopping centre, Britain, September 24, 2018. REUTERS/Peter Nicholls/File Photo - Copyright Peter Nicholls(Reuters)

By Reuters

Published on 31/10/2018 - 13:35•Updated 18/04/2024 - 18:34

Comments

(Reuters) - Intu Properties Plc <INTUP.L> said on Wednesday that it had given a consortium led by its deputy chairman John Whittaker more time to make an offer for the shopping centre owner.

Intu said that the consortium now had until Nov. 15 to make a firm offer or walk away from it.