Hammerson PLC - London-based property development and investment company - Completes selling 25% stake in Italie Deux, shopping centre in central Paris, and 100% of Italik extension for EUR164 million to Ingka Centres via a simultaneous exchange and completion. Says the exit marks the continued progress in the simplification of its portfolio. The proceeds will further strengthen the balance sheet and reduce net debt. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, as investors remain wary of the prospect of more interest rate hikes by the US Federal Reserve. Read More
Hammerson PLC - London-based property developer focused on urban and retail space in the UK, Ireland and France - Restates 2021 results for IASB accounting. This follows an agenda decision stipulating that losses incurred on rent concessions, such as during the Covid-19 pandemic, should be charged to the income statement in the year they were granted. Read More
(Alliance News) - PZ Cussons PLC on Thursday said it hired David Tyler, the former chair at J Sainsbury PLC, has been named as a non-executive director from today. Read More
Hammerson PLC - London-based property developer focused on urban and retail space in the UK, Ireland and France - Notes High Court of England & Wales sanctioned the cancellation of its capital redemption reserve. Says the capital reduction is to increase distributable reserves. Read More
