Intu short bets set to pay off for hedge funds as debt-laden retail operator calls in administrators
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By Hugh Leask | 26/06/2020 - 1:10pm
A number of hedge fund short-sellers look set to gain from troubled shopping centre operator Intu Properties’ fall from grace, with shares in the London-based real estate investment trust sliding again on Friday (26 June) following news that the debt-laden firm is due to enter administration.