Comment on French group to take over Westfield malls for $15.7 billion

French group to take over Westfield malls for $15.7 billion

PARIS (AP) — French real estate company Unibail-Rodamco has agreed to buy Australia-based shopping mall operator Westfield Corporation for $15.7 billion in cash and shares. The companies would together have 104 shopping centers in 13 countries that bring in an estimated 1.2 billion visits a year. Unibail-Rodamco invests globally in commercial property, from malls to office space.

 

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