REFOCUS consortium of URW shareholders successfully concludes concerted action PARIS and LUXEMBOURG, Dec. 23, 2020 (GLOBE NEWSWIRE) -- The consortium of leading European investors formed to prevent a €3.5 billion rights issue by Unibail-Rodamco-Westfield SE (“URW”) and refocus...
URW Shareholders vote with REFOCUS consortium to stop rights issue and strengthen Supervisory Board PARIS and LUXEMBOURG, Nov. 10, 2020 (GLOBE NEWSWIRE) -- The REFOCUS consortium of leading European investors, which holds a combined five per cent stake in Unibail-Rodamco-Westfield SE (“URW”),...
Leading U.S. pension funds CalPERS and State Board of Administration of Florida will support REFOCUS consortium and vote against URW rights issue LUXEMBOURG, Nov. 04, 2020 (GLOBE NEWSWIRE) -- The REFOCUS consortium of leading European investors, which now holds a combined five per cent stake in Unibail-Rodamco-Westfield SE (“URW”), welcomes...
REFOCUS consortium reaction to URW Q3 2020 financial results URW to ignore ISS recommendations and calls from minority shareholders for “prudence” URW will push through unnecessary and value destructive rights issue at the worst possible time if approved at...
ISS recommends appointment of all REFOCUS campaign candidates to URW supervisory board to reconsider rights issue Leading proxy advisor only provides “qualified support” for capital raising with no “urgent need” – reconstituted board including direct shareholder representation must “reevaluate its merits” ...
Consortium of URW investors led by Aermont Capital and NJJ Holding crosses 5% shareholding threshold LUXEMBOURG, Oct. 22, 2020 (GLOBE NEWSWIRE) -- The consortium of investors in Unibail-Rodamco-Westfield SE (“URW”) led by Léon Bressler of Aermont Capital and Xavier Niel of NJJ Holding today...
Consortium of leading URW investors calls for REFOCUS, not RESET Oppose the severely dilutive and unnecessary €3.5bn rights issue Refocus the business on its exceptional portfolio of prime European shopping centres Strengthen supervisory board to ensure...