Question: I received the huge acceptance and voting package for Westfield Corporation (WFD) and I’m still confused. I will be accepting the offer but I understand that accepting the offer will result in a cash payment (which will depend on the $US exchange rate at the time of takeover) and also an allocation of shares in a small tech start up.
It is the shares in Unibail-Rodamco and where they can be traded that is still confusing me. I think it means that one can elect to choose the option of shares that can only be traded on the European exchanges but the default option can be traded on the ASX just like any dual listed company such BHP etc. Is that correct?
Answer (By Paul Rickard): There are really only three issues you need to consider: