The shareholders of Westfield Corporation have approved the acquisition of the company by Unibail-Rodamco, clearing the final hurdle for the £18.5bn takeover deal.
Ninety-seven per cent of shareholders voted in favour of the plan, which will create the world’s largest shopping mall operator.
Unibail shareholders, the boards of both companies and Australia’s Foreign Investment Review Board have already given the deal the green light, and the new company will be implemented on June 7.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts