With less than 2-weeks until shareholders vote on the $27 billion takeover by Unibail-Rodamco, WFD shares are trading at $9.15, 85 cents below the $10.00 per share offer.
We haven’t heard any indication that shareholders will reject the offer and see scope for a quick, short-term rally into the $9.75 area before the vote at the AGM on May 24th.
As such, we suggest investors can buy WFD shares in their cash accounts, as well as on the Saxo Go CFD platform.
Westfields