US Calpers and SBA to vote against URW’s rights issue

US pension funds Calpers and the State Board of Administration of Florida (SBA) both changed their views on Tuesday and decided to vote against Unibail-Rodamco-Westfield’s €3.5 bn rights issue and in favour of the election of Léon Bressler, Susana Gallardo and Xavier Niel to the URW Supervisory Board.

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