Westfield to have a deal with Unibail-Rodamco for $16 Billion

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Westfield to have a deal with Unibail-Rodamco for $16 Billion

Started by bing101, December 12, 2017, 06:41:23 PM

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bing101

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Fairfield, California
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Westfield to have a deal with Unibail-Rodamco for $16 Billion

December 12, 2017, 06:41:23 PM Last Edit: December 12, 2017, 07:41:06 PM by bing101

http://www.latimes.com/business/la-fi-westfield-mall-deal-20171212-story.html

Wow it will be interesting how Westfield merging with Unibail will respond to shopping on Amazon and other places.

bing101

Country:
Fairfield, California
Interstate
Posts: 5,447
Join Date: Sep 2013
Last Active: Today at 05:25:46 PM
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Re: Westfield to have a deal with Unibail for $16 Billion

#1

December 12, 2017, 07:40:36 PM

https://www.reuters.com/article/us-westfield-m-a-unibail-rodamco-lowy/with-westfield-sale-frank-lowy-calls-time-on-rags-to-riches-story-idUSKBN1E619J

Also Frank Lowy is retiring from Westfield is also the reason for the deal to take place.

https://www.nytimes.com/2017/12/12/business/dealbook/westfield-mall-unibail-rodamco.html

https://www.newsday.com/business/westfield-unibail-rodamco-malls-acquisition-1.15424951

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