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Birthday : 08/25/1967
Place of birth : Maisons-Alfort (94) - France
Biography : Mr. Xavier B. Niel is an Independent Director at KKR & Co., Inc., an Independent Director at KKR Man

UWR shares spike as billionaire Xavier Niel discloses 27% stake

05/20/2022 | 06:37am EDT

PARIS (Reuters) - Shares in French real estate company Unibail Rodamco Westfield rose by 2.5% on Friday after a regulatory filing by watchdog AMF showed Xavier Niel, a telecoms billionaire and major shareholder of the business, now holds 27% of voting rights.

Niel has no intention to launch a takeover of the company, but envisages to further increase his stake, the filing said.

(Reporting by Tassilo Hummel; editing by Richard Lough)

© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
UNIBAIL-RODAMCO-WESTFIELD SE -2.83% 46.135 Real-time Quote.-22.95%