in ,

Westfield’s Owner Offers Two Unappealing Deals

westfield’s-owner-offers-two-unappealing-deals

Shareholders in Europe’s largest property company have a choice between two bad options.

A group of investors in Unibail-Rodamco-Westfield, which owns the big Westfield malls in San Francisco and London, as well as similar properties across continental Europe, came out Thursday against plans for a dilutive rights issue worth €3.5 billion, equivalent to $4.1 billion. French telecoms billionaire Xavier Niel is in the activist camp. In an added twist, so is one of the company’s former chief executives, Leon Bressler.

They…

What do you think?

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0
theater-chain’s-bold-plan-to-stay-solvent,-keep-parents-sane

Theater Chain’s Bold Plan to Stay Solvent, Keep Parents Sane

tax-moves-worth-considering-before-the-end-of-the-year

Tax Moves Worth Considering Before the End of the Year