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Largest shopping centre owner in US to pay $43 per share, down from $52.50 agreed in February
Customers will return to physical stores after the pandemic, but suburban retail boxes are beyond rescue
Simon Property Group and Brookfield win approval to buy US store chain out of bankruptcy
Amid the retail reckoning, the mall landlord is buying up its tenants
Simon Property Group has bought two famous retail chains in the space of a week
Deal highlights pressure on companies in the food delivery industry to consolidate
Shares in target plunge as mall owner says its smaller rival breached deal terms
Transaction comes as shopping centre group also closes in on Forever 21 deal
Acquisition of retail centre operator is latest twist in a fast-changing narrative
Warehouses near residential areas provide a bright spot for real estate investment trusts
Shares in biggest mall operator Simon Property down 7% since last Wednesday
Broader US markets close poor month on brighter note
Shareholders on track for $1tn in cash returns this year
US shopping mall wars on hold as takeover battle ends
Offer of $95.50 per share for Macerich is ‘final’
US mall owner says rival’s bid undervalues its business and raises antitrust concerns
Grittier complexes struggle as lower-income shoppers stay away or prefer to purchase online
Simon investors may worry about the high price of Macerich
Reviving US retail means offering experiences people cannot find online
Cash and stock offer would combine two of the three largest US shopping mall operators
Specialist property owners outperform bigger generalists
Funds raised to pay for planned development projects
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