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Credit Suisse advises Brookfield on possible Intu takeover

Swiss bank is guiding a consortium including Brookfield on a potential take-private of London-listed shopping centre firm

Investment bankers at Credit Suisse are driving the latest attempt at big-ticket dealmaking in the UK’s shopping centre sector.

A consortium comprising asset manager Brookfield Property Group, property investor Peel Group and Saudi Arabia’s Olayan Group is “in the preliminary stages of considering a possible cash offer” for Intu Properties, which runs shopping outlets, most of which are in the UK.

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