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EquityEquity - Follow-ons and Rights issues

Unibail cash call threatened as rebel alliance swells stake

Westfield_Adobe_575x375_Sep17

Unibail-Rodamco-Westfield’s rights issue is under increased threat from a group of rebel shareholders that disagree with the company’s vision to reset its business. These shareholders have rapidly surpassed the 5% threshold, according to a filing with the with the Autorité des Marches Financiers, after which they have to disclose their holdings.

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