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$20b cash and scrip bid expected at Westfield

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A potential new era looms for Australia's shopping centre giant Westfield Group.

Among all the options being mulled by analysts and fund managers on Tuesday - following Westfield's move to go into a trading halt - the smart money is on a revived bid from European giant Unibail-Rodamco valuing the ASX-listed Westfield at more than $20 billion.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au

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Original URL: https://www.afr.com/street-talk/20b-cash-and-scrip-bid-expected-at-westfield-20171212-h034rg