CalPERS and Florida SBA Join Shareholder Group Opposing Rights Issue with Unibail-Rodamco-Westfield

Posted on 11/05/2020

There is a group of shareholders that are voting against a proposed rights issue by shopping center empire Unibail-Rodamco-Westfield (URW). The proposed rights issue is a €3.5 billion rights issue, which forms a central part of URW’s €9 billion Reset plan to reconfigure its balance sheet. The California Public Employees’ Retirement System (CalPERS) and Florida […]

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