Simon Property Group Sells Remaining Stake in ABG
Simon Property Group, the largest U.S. mall owner, is selling its remaining 10% stake in Authentic Brands Group for a reported $1.2 billion. It once held a 12% stake, but in Feb. reduced it to 10% for around $250 million in cash. Simon also reduced its stake in Sparc Group last Oct., the joint ... Log in to view full article.
