Hammerson PLC (HMSO.L)
23 Mar 2018
* HAMMERSON PLC SIGNS £1,500 MILLION REVOLVING CREDIT FACILITY WITH A 3 YEAR MATURITY
LONDON European shares fell on Monday ahead of a widely expected U.S. interest rate hike, while earnings and M&A took center stage with software company Micro Focus sinking and a bid for Hammerson boosting commercial real estate stocks.
LONDON, March 19 European shares fell on Monday ahead of a widely expected U.S. interest rate hike, while earnings and M&A took centre stage with software company Micro Focus sinking and a bid for Hammerson boosting commercial real estate stocks.
LONDON French shopping centers operator Klepierre has made a 4.9 billion pound ($6.9 billion) bid for Hammerson , seeking to strike before the British company completes a major takeover of its own.
* Raises doubts over Hammerson's acquisition of Intu Properties (Recasts story and adds background)
* REMAINS FULLY COMMITTED TO ACQUISITION OF INTU PROPERTIES PLC ANNOUNCED ON 6 DECEMBER 2017
(Adds company news items and futures) March 19 Britain's FTSE 100 index is seen opening down 16 points on Monday, according to financial bookmakers with futures 0.2 percent lower ahead of the cash market open. * GKN/MELROSE: Melrose, the turnaround specialist trying to buy British engineering firm GKN, said it would inject about 1 billion pounds ($1.39 billion) into GKN's pension scheme, its latest attempt to convince shareholders to back its offer.
* REG-KLÉPIERRE : STATEMENT REGARDING HAMMERSON PLC ("HAMMERSON")
March 19 French shopping centre operator Klepierre said on Monday it had made a proposal to buy UK peer Hammerson, but that its offer had been rejected.
March 19 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.