ASIC registers Westfield Securityholder Booklet for proposed acquisition by Unibail-Rodamco of Westfield; Independent Expert expresses positive opinion
Paris, Amsterdam, Apr 13, 2018 - (ACN Newswire) - Westfield Corporation ("Westfield") has announced that the Australian Securities & Investments Commission ("ASIC") has registered the Westfield Securityholder Booklet, to be submitted to Westfield securityholders in connection with the proposed acquisition by Unibail-Rodamco SE ("Unibail-Rodamco") of Westfield (the "Transaction") announced on December 12, 2017. The Securityholder Booklet is attached to Westfield's announcement and can be viewed on Westfield's website at https://www.westfieldcorp.com/.
The Securityholder Booklet includes a report by an Independent Expert, which concludes that the Transaction is in the best interests of Westfield securityholders, in the absence of a superior proposal.
Meetings of Westfield securityholders are to be held on May 24, 2018 (Sydney), to vote on the schemes of arrangement to approve the Transaction.
This represents another major step forward in the Transaction, following the filing and approval of Unibail-Rodamco's documentation by the French Financial Markets Authority (Autorite des Marches Financiers) (AMF) and Dutch Authority for the Financial Markets (Autoriteit Financiele Markten) (AFM).
As announced previously, the Transaction has been unanimously recommended by Westfield's Board of Directors as well as by Unibail-Rodamco's Management Board and Supervisory Board, and remains subject to the approval of Unibail-Rodamco shareholders and of Westfield securityholders, and to other customary conditions described in the Implementation Agreement dated December 12, 2017.
Copies of the 2017 Registration Document, the Prospectus and the Document E may be obtained free of charge from Unibail-Rodamco at 7 place du Chancelier Adenauer, 75016 Paris, France and can also be downloaded from Unibail-Rodamco's website (http://www.unibail-rodamco.com) and from the AMF's website (http://www.amf-france.org). Copies of the Prospectus may also be obtained free of charge from WFD Unibail-Rodamco N.V. at Schiphol Boulevard 371 Tower H, 1118 BJ Schiphol (Haarlemmermeer), The Netherlands and can be downloaded from WFD Unibail-Rodamco N.V.'s website (http://www.wfd-unibail-rodamco-nv.com) and from the AFM's website (http://www.afm.nl).
Timetable of the Westfield Transaction
The Transaction remains subject to the conditions described in the Implementation Agreement.
Achieved milestones December 12, 2017 Announcement of the Transaction January 8, 2018 Unanimous positive opinions of the EEC and the Unibail-Rodamco's UES works councils March 27, 2018 Unibail-Rodamco interim dividend ex-dividend date March 28, 2018 FIRB Regulatory Approval March 28, 2018 Approval of the Prospectus by the AMF and the AFM; Approval of the Document E by the AMF March 29, 2018 Unibail-Rodamco interim dividend payment date April 3, 2018 Publication of the AGM documentation April 12, 2018 First Australian Scheme Court hearing; Publication of the Securityholder Booklet and of an Independent Expert report
Future milestones May 17, 2018 Unibail-Rodamco AGM May 24, 2018 Westfield Scheme Meetings* May 28, 2018 Unibail-Rodamco final dividend ex-dividend date May 29, 2018 Second Australian Scheme Court hearing* May 30, 2018 Unibail-Rodamco final dividend payment date May 30, 2018 Effective Date* June 7, 2018 Implementation Date* *Subject to Australian regulatory process
For further information, please contact: Investor Relations Maarten Otte D: + 33 1 76 77 58 02 maarten.otte@unibail-rodamco.com
Media Relations Nathalie Feld D: +33 1 53 43 57 94 nathalie.feld.contractor@unibail-rodamco.com
About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe's largest listed commercial property company, with a presence in 11 Continental European countries, and a portfolio of assets valued at EUR 43.1 billion as of December 31, 2017. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its ca. 2,000 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.
The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor's and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com
Unibail-Rodamco:ASIC registers Westfield Securityholder Booklet http://hugin.info/136618/R/2183948/843644.pdf
Source: UNIBAIL-RODAMCO SE
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
Latest Release
JCB enables JCB Contactless acceptance at Taichung MRT in Taiwan Apr 26, 2024 10:00 JST
| Mazda Production and Sales Results for March 2024 and for April 2023 through March 2024 Apr 25, 2024 18:21 JST
| MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park Apr 25, 2024 17:45 JST
| GAC Honda to Begin Sales of All-new e:NP2, the Second Model of e:N Series Apr 25, 2024 16:50 JST
| Toyota Exhibiting at Beijing Motor Show 2024 Apr 25, 2024 16:25 JST
| Honda Reaches Basic Agreement with Asahi Kasei on Collaboration for Production of Battery Separators for Automotive Batteries in Canada Apr 25, 2024 11:10 JST
| UNIQLO Sponsors KAWS + Warhol Exhibition Tour, Starting in Pittsburgh Apr 25, 2024 09:00 JST
| Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date Apr 24, 2024 17:19 JST
| MC and Denka Sign J/V Agreement in Fullerene Business Apr 24, 2024 17:02 JST
| Mitsubishi Motors Posts Record Sales in the Philippines in FY2023 Apr 24, 2024 13:56 JST
| NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance Apr 24, 2024 13:25 JST
| Fujitsu SX Survey reveals key success factors for sustainability Apr 23, 2024 10:25 JST
| Fujitsu and METRON collaborate to drive ESG success: slashing energy costs, boosting productivity with new manufacturing industry solutions Apr 22, 2024 16:09 JST
| NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II Apr 22, 2024 15:09 JST
| Soft Space Launches the First and Only JCB Payment Gateway in Malaysia Apr 22, 2024 15:00 JST
| TOYOTA GAZOO Racing takes a one-two in Croatian thriller Apr 22, 2024 10:47 JST
| First-ever Mazda CX-80 Crossover SUV Unveiled in Europe Apr 19, 2024 13:50 JST
| Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces Apr 19, 2024 10:17 JST
| Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas Apr 18, 2024 17:01 JST
| Toyota Launches All-New Land Cruiser "250" Series in Japan Apr 18, 2024 13:39 JST
|
More Latest Release >>
|