CalPERS and Florida SBA Join Shareholder Group Opposing Rights Issue with Unibail-Rodamco-Westfield
Posted on 11/05/2020
There is a group of shareholders that are voting against a proposed rights issue by shopping center empire Unibail-Rodamco-Westfield (URW). The proposed rights issue is a €3.5 billion rights issue, which forms a central part of URW’s €9 billion Reset plan to reconfigure its balance sheet. The California Public Employees’ Retirement System (CalPERS) and Florida […]