Following the takeover of the Léon Bressler/Xavier Niel consortium at URW, would the listed REIT/SIIC sign its "remontada" on the Paris stock exchange? Reading (...)
Following Unibail-Rodamco-Westfield (URW) shareholders" rejection of a proposed €3.5bn capital increase, which was a main component of its €9bn RESET strategic plan to decrease (...)
The Refocus consortium — owning 5% in Unibail-Rodamco-Westfield SE ("URW"), won a victory today. After weeks of media battle, shareholders rejected the €3.5bn capital (...)
Because it was not supported by a qualified majority, being accepted by only 61.62% of the shareholders, the €3.5bn capital increase proposed by Unibail-Rodamco-Westfield (...)
"Reset" or "Refocus" ? After a (very) media-heavy battle over the strategy to adopt for the recovery of Unibail-Rodamco-Westfield, waged between the management of the Paris-based REIT/SIIC (...)
Faced with a second lockdown spreading over Europe, Unibail-Rodamco-Westfield (URW) has once again lowered its forecasts, at a time when its Reset plan is (...)
The Refocus consortium of European investors, which now holds a combined 5% stake in Unibail-Rodamco-Westfield (URW), is welcoming the recommendations from Institutional Shareholder Services (...)
Unibail-Rodamco-Westfield's Reset recovery recevied the support of independent advisory firms Glass Lewis and Institutional Shareholder Services Inc. (ISS), which recommended that URW shareholders vote for the €3.5bn capital increase submitted for approval (...)
Unibail-Rodamco-Westfield (URW) has announced that Proxinvest, an independent consulting firm, has recommended that URW's shareholders vote "FOR" the €3.5bn capital increase submitted for approval at (...)
The Refocus consortium, made up of European investors and led by Léon Bressler and Xavier Niel, is reacting to the latest position taken by (...)
Business Immo: Why do you propose a counter-strategy for Unibail-Rodamco-Westfield (URW)? Léon Bressler: First of all, let me say that it is not a counter-strategy. (...)
Unibail-Rodamco-Westfield’s supervisory board reiterated its unanimous support and commitment to the Reset plan presented on September 16, stating it is “the only credible response (...)
Having received from a consortium of investors representing 4.1% of the share capital of the Group, the Supervisory Board of Unibail-Rodamco-Westfield (URW) convened yesterday (...)
A consortium of leading real estate and technology investors, holding a combined 4.1% stake in Unibail-Rodamco-Westfield, is calling for opposition to the €3.5bn rights (...)