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By Bethany Wales British shopping centre giant Hammerson has sold its interest in the company behind Bicester Village in a deal worth £1.5bn, according to a statement released today. The London-listed property firm said it had disposed of its “overweight, non-controlling and yield-dilutive interest” in Value Retail, generating cash proceeds of around £600m, in a move it hoped would ensure a “clean exit from a complex structure at an attractive price”. The buyer is L Catterton, the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis Vuitton. Hammerson said it woul…

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