Report
Florent Laroche-Joubert

Unibail-Rodamco-Westfield : Counter-attack to Léon Bressler’s and Xavier Niel’s REFOCUS plan!

>Clarification of the issues in the RESET plan as well as governance - Yesterday evening, Unibail-Rodamco-Westfield (URW) launched a counter-attack to the REFOCUS plan proposed last week by Léon Bressler (ex-CEO of Unibail until 2006) and Xavier Niel (founder of Free).On the structure, URW’s management has responded using the same weapons as those employed by Bressler/Niel with the creation of a dedicated internet site, urw.reset.com, the publication of a new mor...
Underlying
Unibail-Rodamco-Westfield SE Stapled Secs Cons of 1 Sh Unibail Rodamco + 1 Sh WFD Unib Rod

Unibail-Rodamco is a commercial property operator, investor and developer. Co. is operationally organized in six geographical regions: France, Spain, Central Europe, Austria, the Nordics and The Netherlands. Its activities are divided into three business lines or segments: Shopping Centres, Offices and Convention & Exhibition. Co.'s Shopping Centres segment focuses primarily on the retail sector; the Offices segment takes care of office assets that are mainly located in the Parisian Central Business District; and the Convention-Exhibitions segment consists of a real estate venues and operations organization, and trade show organization.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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