Europe's Unibail-Rodamco bids $16 billion for Westfield in global shift

SYDNEY/MELBOURNE (Reuters) - Unibail-Rodamco, Europe's biggest property group, has agreed to buy shopping mall owner Westfield Corp for $16 billion (£11.9 billion), marking the biggest takeover of an Australian company and a shift in global retail property to counter online shopping.

from Reuters: Top News http://uk.reuters.com/article/uk-westfield-m-a-unibail-rodamco/europes-unibail-rodamco-bids-16-billion-for-westfield-in-global-shift-idUKKBN1E61BZ?feedType=RSS&feedName=topNews