26-06-2020 16:59 via retailgazette.co.uk

Intu officially falls into administration

// Intu files for administration, appointing KPMG to handle the process
// It had warned earlier today that it was on the verge of collapse after talks with lenders failed
// Intu said its shopping centres would remain open for the time beingIntu has officially tumbled into administration after crunch talks with its lenders were unsuccessful.
The shopping centre giant said it has applied to appoint James Robert Tucker, Michael Robert Pink and David John Pike of KPMG as joint administrators.
The
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