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Unibail-Rodamco-Westfield Investors Led by Aermont and NJJ Holding Oppose €3.5Bn Rights Issue

Consortium Representing 4.1% of Shareholders Call Plan "``Severely Dilutive’’
Source: Getty Images
Source: Getty Images
CoStar News
October 15, 2020 | 5:01 P.M.

A consortium of European real estate and technology investors with a combined 4.1% stake in Unibail-Rodamco-Westfield SE today issued a call to oppose the proposed €3.5bn rights issue underpinning the company’s €9bn-plus RESET plan to shore up its balance sheet.

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