Brookfield Property to buy remaining stake in mall owner GGP for $9.25b

Brookfield Property to buy remaining stake in mall owner GGP for $9.25b

REUTERS/Mark Blinch

Brookfield Property Partners LP reached a deal to buy the rest of GGP Inc. it doesn’t own for $9.25 billion, gaining full control of the second-largest U.S. mall owner amid tumult in the retail industry.

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