Intu seeks £1bn to fix balance sheet

// Intu seeking £1 billion cash to raise new equity
// The fundraising would accompany its full-year results at the end of February
// Total footfall in 2019 was 0.3% ahead of 2018, but remained flat in the UKIntu has reportedly confirmed plans to ask investors for £1 billion next month to raise new equity as it seeks to fix its balance sheet.
The shopping centre owner which owns Manchester’s Trafford Centre and Lakeside in Essex, said the fundraising would accompany its full-y