French company to buy Westfield in deal worth $24.7 billion

France-based Unibail-Rodamco is buying mall operator Westfield Corporation in a deal estimated to be worth $24.7 billion. Westfield is a leading airport retailer in the US and owner of shopping centers around the world, and Unibail, a company less well-known, is Europe’s largest listed landlord. The transaction was unanimously recommended by Westfield’s Board of Directors […]