UPDATE 2-Mall operator Simon Property abandons $3.6 bln acquisition of Taubman
Simon Property Group Inc, the
biggest U.S. mall operator, said on Wednesday it was ending its
$3.6-billion deal to buy Taubman Centers Inc, citing the
beating the retail sector has taken during the COVID-19
pandemic.
biggest U.S. mall operator, said on Wednesday it was ending its
$3.6-billion deal to buy Taubman Centers Inc, citing the
beating the retail sector has taken during the COVID-19
pandemic.
Posted by Reuters
