The way has been cleared for the merger of Rodamco Europe and Unibail after 80% of Rodamco Europe investors tendered their shares, the two property groups said in a joint statement on Thursday. The merger was conditional on Unibail tendering at least 60% of Rodamco's shares. Unibail's exchange offer ran until 20 June, 2007.The merger will create a combine with a EUR 21 bn market capitalisation, making it the largest listed real estate company in Europe.
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