URW rebel shareholders derail plans for €3.5b capital raise

By Isobel Lee 2020-11-10T00:00:00

An activist consortium led by former Unibail-Rodamco-Westfield (URW) CEO Léon Bressler and French telecoms billionaire Xavier Niel has triumphed at URW's combined general meeting, derailing plans for a €3.5 bn capital raise and winning places on the board for the rebel leaders.

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