Thursday, March 28, 2024
HomeretailFrance's Unibail-Rodamco bids $15.7 billion for Australia's Westfield

France’s Unibail-Rodamco bids $15.7 billion for Australia’s Westfield

  • France's Unibail-Rodamco has agreed to buy 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.

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