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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Wereldhave nv (PK) | USOTC:WRDEF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.10 | 13.41 | 17.14 | 0.00 | 21:00:10 |
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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