UL | Billionaire activist blocks Unibail-Rodamco’s $3.5bn equity raise

Activist investors at Unibail-Rodamco-Westfield, Europe’s biggest shopping centre owner, have blocked the company’s plans for a €3.5bn capital increase and won seats on its board after a bruising battle.The heavily-indebted owner of high-end shopping centres such as London Westfield and Carrousel du Louvre in Paris said on Tuesday that final tallies for the vote…fzFinanz