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Paris, Amsterdam, Feb 20, 2018 - (ACN Newswire) - Following recent press commentary relating to its offer for Westfield Corporation, Unibail-Rodamco has been asked by the Australian Securities and Investments Commission (ASIC) to clarify its position on the transaction terms.
Unibail-Rodamco reiterates that it believes the value of its offer is full and fair. Unibail-Rodamco has no intention to change the terms of the offer nor does it see any reason why it may do so in the future, but it does of course reserve the right to do so.
Unibail-Rodamco's offer continues to have the full support of the Supervisory Board of Unibail-Rodamco, of the Board of Directors of Westfield[1] and of the Lowy family[2].
For further information, please contact:
Investor Relations
Maarten Otte
D: +33 1 76 77 58 02
maarten.otte@unibail-rodamco.com
Media Relations
Caroline Bruel
D: +33 1 53 43 57 94
caroline.bruel@unibail-rodamco.com
Domestique (Australian media)
Jim Kelly
M: +61 412 549 083
D: +61 2 9119 3352
jim@domestiqueconsulting.com.au
[1] In the absence of a Superior Proposal and subject to an Independent Expert concluding that the transaction is in the best interests of Westfield securityholders.
[2] In the absence of the Westfield Board recommending a Superior Proposal and subject to an Independent Expert concluding that the transaction is in the best interests of Westfield securityholders.
UNIBAIL-RODAMCO SE: WESTFIELD OFFER http://hugin.info/136618/R/2170189/836005.pdf
Topic: Press release summary
Source: UNIBAIL-RODAMCO SE
https://www.acnnewswire.com
From the Asia Corporate News Network
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