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Shoppers are seen walking near Bullring shopping centre, owned by mall operator Hammerson, in Birmingham, Britain, November 4, 2020. REUTERS/Andrew Boyers Acquire Licensing Rights
Nov 13 (Reuters) – British shopping centre owner Hammerson (HMSO.L) is in detailed talks to sell its stake in Value Retail, a developer and operator of luxury shopping outlets, for about 1 billion pounds ($1.23 billion), Sky News reported on Monday.
Hammerson did not immediately respond to a Reuters request for comment.
($1 = 0.8155 pounds)
Reporting by Prerna Bedi in Bengaluru; Editing by Maju Samuel
Our Standards: The Thomson Reuters Trust Principles.
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