We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Sale over

10 Jun 2020 By Lauren Silva Laughlin

Simon Property is backing out of its $3.6 bln purchase of U.S. operator Taubman, saying the seller mishandled Covid-19. Unlike some repentant buyers, Simon says it wants out, not just a better price. Still, this isn’t a vote of confidence in its dealmaking or business model.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)