Shopping centre owner Intu's shares fall as it aims to raise up to £1bn

Owner of Manchester’s Trafford Centre and Lakeside in Essex has debts worth £5bnShares in Intu fell sharply after the indebted shopping centre owner confirmed it would push ahead with a cash call thought to be worth as much as £1bn.Intu, which owns shopping centres including the Trafford Centre in Manchester and Lakeside in Essex, said that it attempt to tap investors for funds alongside its full-year results at the end of the February, confirming reports. Continue reading...