WATCH: Stock pick — Hammerson
Steven Schultz from Momentum chose Hammerson as his stock pick of the day. The European property company was previously planning a merger with Intu Properties, but it now looks to be a “target” itself. “If they are to be bought out in a hostile takeover, a premium will be paid and shareholders will benefit.” said Schultz. OR LISTEN TO THE AUDIO: Listen to all latest podcasts here.