RNS Number : 3854B
Intu Properties plc
16 June 2016
INTU PROPERTIES PLC
RESPONSE TO MEDIA COMMENT
In response to media comment, intu confirms that it is in advanced discussions with QIC regarding
the potential acquisition of QIC's 50 per cent interest in intu Merry Hill in the West Midlands. If the acquisition were to
proceed, the consideration is likely to be around £410 million and would be funded through a combination of new debt and existing
resources.
Whilst discussions are ongoing, there can be no certainty that any transaction will be
undertaken.
A further announcement will be made if and when appropriate.
Enquiries:
Susan Marsden
Company Secretary
intu properties plc
+ 44 20 7887 7073
This information is provided by RNS
The company news service from the London Stock Exchange
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