EU Property Giant Bets $16-B on US Shopping Malls

EU Property Giant Bets $16-B on US Shopping Malls

EU Property Giant Bets $16-B on US Shopping Malls $UNRDY, $WFGPY, $AMZN Europe’s biggest property firm Unibail-Rodamco (OTCMKT:UNRDY) is to buy US and UK mall operator Westfield Corp. (OTCMKT:WFGPY) for $16-B, a defensive move to create a global leader in a sector grappling with the online shopping challenge led by Amazon (NASDAQ:AMZN). The transaction gives […]