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Intu to buy three Westfield shopping centres

Shopping centre group Westfield has sold three of its UK properties, Merry Hill, Derby and Sprucefield to property company Intu as part of deal worth nearly 600 million pounds. Intu has paid 390.3 million pounds for Westfield Derby, which opened in 2007; the shopping centre was Westfield’s first UK investment and features more than 180 shop...