here"Unfortunately, insufficient alignment and agreement has been achieved on such terms. The Board is therefore considering the position of Intu with a view to protecting the interests of its stakeholders."This is likely to involve the appointment of administrators."A further announcement will be made as soon as possible."Intu was already under financial pressure as it came into the coronavirus pandemic, selling properties in the UK and Spain in recent years to help prop up its finances.In May, the company threatened 'robust action' against large tenant businesses who haven't paid their rent during the coronavirus lockdown.It said it had only received 40 per cent of all rent and service charge for the first quarter of the year, which was.
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