TG盗号系统VIP破解技术|【唯一TG:@heimifeng8】|Telegram账号盗号云控破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Brookfield Property offers to buy rest of mall owner GGP for $14.8 billion

Brookfield Property offers to buy rest of mall owner GGP for $14.8 billionBy
Reuters Published
November 13,TG盗号系统VIP破解技术 2025

Brookfield Property Partners LP , one of the world's largest commercial real estate companies, on Monday made an unsolicited bid to buy the 66 percent stake in mall owner GGP Inc it does not already own for $14.8 billion (£11.2 billion).


With about 127 properties, mostly in the United States, GGP's tenants include carmaker Tesla , jeweller Tiffany & Co and retailer Macy's Inc
With about 127 properties, mostly in the United States, GGP's tenants include carmaker Tesla , jeweller Tiffany & Co and retailer Macy's Inc - Reuters



The $23 cash-and-stock offer for each GGP share represents a premium of 3.6 percent to GGP's Friday close. But is at a 21 premium to GGP's close on Nov.6, a day before Bloomberg reported that Brookfield was in preliminary talks with GGP.

GGP's shares were trading above the offer price at $23.85, suggesting some investors were expecting a higher bid.
Brookfield's shares were down 5 percent at $22.44 in morning trade.

With about 127 properties, mostly in the United States, GGP's tenants include carmaker Tesla , jeweller Tiffany & Co and retailer Macy's Inc .

Brookfield Property, spun off from Toronto-based Brookfield Asset Management Inc , holds about 34 percent in GGP through several entities.

GGP said its board had formed a special committee to review and consider the proposal.

A potential deal is expected to create a company with an ownership interest in almost $100 billion real estate assets globally and annual net operating income of about $5 billion, Brookfield said.

GGP shareholders will own about 30 percent of the combined company.

Citigroup Global Markets Inc is serving as financial adviser and Sullivan & Cromwell LLP is serving as legal counsel to GGP.

 

Business
Previous:第17届广东“金伯乐杯”马术场地障碍赛圆满举行
next:胡德华:对“中国赛马会”侵犯​姓名权和肖像权保留法律追究权利