Christophe Cuvillier, president of European shopping center giant Unibail-Rodamco-Westfield (URW), has only a few weeks to defeat the coup attempt in preparation to overthrow him.
Thursday, at breakfast time, he learned by a simple text the attack of two activist shareholders.
The sender of this message is none other than his distant predecessor Léon Bressler.
Associated with Xavier Niel, founder of Free and real estate investor, he wants to impose a 180 degree strategic turn on URW.
Xavier Niel and Léon Bressler attacking the shopping center giant Unibail
The two men hold 4.1% of the capital and try to rally the other shareholders, convened on November 10 for an extraordinary general meeting.
Impose an alternative to "Reset", the plan presented on September 17 by Christophe Cuvillier, which provides for a capital increase of 3.5 billion euros.
Xavier Niel and Léon Bressler named their project “Refocus”.
That a European champion of commercial real estate is also mistreated
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