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End of an era: Westfield accepts $32.8b offer

People & Companies / Latest News

Australia

Dec 11 2017

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Carolyn Cummins, The Sydney Morning Herald

Sir Frank Lowy's almost 57-year reign as a shopping centre czar is about to come to an end after Europe's largest listed commercial property company agreed to buy his Westfield Corp in a $32.8 billion deal.

The boards of Westfield and Unibail-Rodamco have unanimously recommended the deal.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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