Reuters/Ki Price France's Unibail-Rodamco has agreed to buy shopping mall owner Westfield for $15.7 billion. Westfield owns and operates 35 shopping centers in the US and United Kingdom. Including debt, the deal would be worth $24.7 billion. (Reuters) - France's Unibail-Rodamco has agreed to buy shopping mall owner Westfield Corp for $15.7 billion, in what would be the biggest takeover of an Australian company on record. The deal accelerates consolidation of the global retail property sector as it grapples with challenges from online retailers led by Amazon.com Inc.

BING NEWS:
  • 5 Great Places to Shop in New York City
    Of all the places in New York City to exercise your credit card, these are some of the best. Get your wallet ready because New York City is a shopper's paradise. Whether you're on the hunt for a cool ...
    12/19/2016 - 8:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News