Trafford Centre owner Intu has gone into administration
Trafford Centre owner Intu has confirmed it has collapsed into administration after failed talks with lenders, but said its shopping centres will continue to trade.
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Intu said it has filed to appoint James Robert Tucker, Michael Robert Pink and David John Pike from KPMG as administrators for the company.
The announcement came minutes after the London Stock Exchange suspended shares in the shopping centre owner.
More to follow...