Share Name Share Symbol Market Type
Wereldhave NV EU:WHA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.23 1.93% 12.13 12.02 12.25 12.21 11.89 12.00 95,754 16:40:00

Unibail-Rodamco Talks With Rival Wereldhave to Sell 6 Malls for EUR850 Million

16/10/2014 9:24am

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Wereldhave NV (EU:WHA)
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By Inti Landauro

PARIS--Franco-Dutch real-estate company Unibail-Rodamco (UL.AE) Thursday said it opened talks with Dutch rival Wereldhave (WHA.AE) to sell six French malls for 850 million euros ($1.09 billion).

Unibail-Rodamco granted Wereldhave an exclusivity period until Nov. 10, the company said, adding it expects to sign the final agreement in November.

The Franco-Dutch company had announced earlier this year plans to sell small- and medium-sized malls worth as much as EUR2 billion to focus on its most profitable and largest ones according to French newspaper Le Figaro.

-Write to Inti Landauro at inti.landauro@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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