Hammerson in the crosshairs
The UK and Europe mall owner is being eyed by suitors according to analysts
Hammerson, which owns malls in Western Europe and the UK, could be a potential takeover target after Brexit uncertainty and the Covid-19 pandemic battered its share price, according to two analysts.
Once the largest property company on the JSE when it listed in 2016, Hammerson said on Wednesday its CEO David Atkins resigned after 11 years in the role and 22 years at the company. He will step down by 2021 at the latest. “The board is conducting a search for David Atkins’ successor, and it will consider both internal and external candidates,” Hammerson said...