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British shopping centre giant Intu, already hit hard before the coronavirus lockdown, announced Friday that is has collapsed into administration after talks failed to restructure its finances. "Intu properties plc announces that application is being made for James Robert Tucker, Michael Robert Pink and David John Pike of KPMG LLP to be appointed as joint administrators to Intu," it said in a statement, adding that its shopping centres remain open. rfj/bmm
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