Debevoise Advises Westfield on $24.7 Billion Sale to Unibail-Rodamco

12 December 2017

Debevoise & Plimpton LLP is advising Westfield Corporation on its sale to Unibail-Rodamco SE, Europe's largest listed commercial property company. The transaction, valued at $24.7 billion, is expected to close in the first half of 2018.

Westfield Corporation has interests in 35 shopping centers in the United States and the United Kingdom, encompassing approximately 6,400 retail outlets. This transaction will create the world's premier developer and operator of flagship shopping destinations.

The Debevoise team is led by partner Nicole Levin Mesard and includes partner Daniel M. Abuhoff; counsel Kyra K. Bromley and Serhat T. Krause; and associate Sydney A. Egnasko.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.