Fitch to Cut Unibail Rating on Westfield

The transcript discusses Westfield's market position, highlighting its historical stock performance and the impact of the financial crisis. It covers the recent acquisition by Unibail, noting changes in credit ratings and market reactions. The discussion includes the structure of the acquisition offer, with a focus on stock and cash components, and the potential impact on shareholders. The consolidation trend in the mall industry is also mentioned.

What is the significance of the current listing of Westfield mentioned in the text?

How has the stock of Westfield performed since the financial crisis according to the text?

What changes did SMP make regarding Westfield's credit rating?

What is the structure of the offer made to Westfield as described in the text?

What concerns might shareholders have regarding the trading of Westfield shares?