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KM Financial Solutions | UPDATE 1-Mall operator Simon Property abandons $3.6 bln acquisition of Taubman
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UPDATE 1-Mall operator Simon Property abandons $3.6 bln acquisition of Taubman

09 Jun UPDATE 1-Mall operator Simon Property abandons $3.6 bln acquisition of Taubman

Posted at 15:02h in News by
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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.

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