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Hammerson pulls Intu bid as shareholder pressure prompts U-turn

Bloomberg Hammerson Plc withdrew its 3.2 billion-pound ($4.6 billion) offer to buy Intu Properties Plc after a growing number of its shareholders opposed a deal that would have created the UK’s biggest shopping-mall owner. Hammerson’s initial all-share offer had come as mall owners try to combine to cut costs and focus on premium properties while UK consumers endure a year-long ...

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Putin still seeks for Trump deal even after sanctions, Syria strikes

Bloomberg After US sanctions crippled an entire Russian industry and air strikes in Syria threatened the first direct clash between nuclear superpowers since the Cold War, Vladimir Putin is seeking to dial down the tension. Russia’s leader wants to give President Donald Trump another chance to make good on pledges to improve ties and avoid escalation, according to four people ...

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Theresa May faces another Brexit battle with Scotland, Wales

Bloomberg British PM Theresa May’s plans for Brexit face another potential legal hurdle as the country’s highest court rules on whether some powers from the European Union that are due to return to the UK should go to the administrations in Scotland and Wales. Months of wrangling with the semi-autonomous governments about whether policies ranging from environmental protection to agriculture ...

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