AARoads Forum

Non-Road Boards => Off-Topic => Topic started by: bing101 on December 12, 2017, 06:41:23 PM

Title: Westfield to have a deal with Unibail-Rodamco for $16 Billion
Post by: bing101 on December 12, 2017, 06:41:23 PM
http://www.latimes.com/business/la-fi-westfield-mall-deal-20171212-story.html (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.
Title: Re: Westfield to have a deal with Unibail for $16 Billion
Post by: bing101 on 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