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Unibail-Rodamco A$21 billion acquisition of Westfield

12/12/2017
Private acquisition
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A$ 21 billion

Announced

12/12/2017

Overview:

  • Unibail-Rodamco has acquired Westfield for A$21 billion.
  • The deal will be funded via cash and shares. 
  • This is the largest real estate acquisition since 2013.
  • The target company's properties consist of shopping centres in London and retail space in New York's World Trade Center. 
  • Financial advisors to Unibail-Rodamco were Deutsche Bank and Goldman Sachs. 

Katrin Kostadinova - Data analyst

Jurisdictions:

Australia
France

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Australia

Industry sector:

Consumer goods and services

Firms:
Allens

Party: Unibail-Rodamco (Acquirer)

Lawyer: Guy Alexander

Darrois Villey Maillot Brochier

Party: Unibail-Rodamco (Acquirer)

Lawyers: Benjamin Burman (left the firm), Hugo Diener, Laurent Gautier, Marcus Billam

Debevoise & Plimpton

Party: Westfield Corporation (Target)

Lawyer: Nicole Levin Mesard

Greenberg Traurig

Party: Westfield Corporation (Target)

King & Wood Mallesons

Party: Westfield Corporation (Target)

Lawyers: Daniel Natale, Jason Watts, Nigel Hunt

NautaDutilh

Party: Unibail-Rodamco (Acquirer)

Shearman & Sterling

Party: Unibail-Rodamco (Acquirer)

Lawyers: Clare O'Brien, John Marzulli, Lona Nallengara, Trevor Ingram

Skadden Arps Slate Meagher & Flom

Party: Westfield Corporation (Target)

Lawyer: Armand Grumberg

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