Deal tweak unfavourable for Westfield Group: expert

Grant Samuel says restructure plan sweetener is unfavourable for Westfield Group shareholders.

Independent expert Grant Samuel says this week's revision to the Westfield merger deal is unfavourable for Westfield Group (WDC) securityholders, but the proposal remains in their best interests in the absence of a superior offer.

Meanwhile, KPMG, acting as independent expert for Westfield Retail Trust (WRT), said the revised deal is in the best interests of WRT shareholders.

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