May 15, 2015 / 4:42 PM / 2 years ago

BRIEF-Unibail-Rodamco enters pact with CPPIB to sell stake in mfi AG

May 15 (Reuters) - Unibail-rodamco

* Unibail-Rodamco announces signature of an agreement with Canada Pension Plan Investment Board (CPPIB)

* Losing of purchase and sale agreement is subject to customary conditions precedent, including regulatory approvals, and is expected to close in Q3 2015

* Agreement to sell to CPPIB a 46.1% stake in mfi AG

* CPPIB will pay group eur394 million for equity stake, will also provide additional funding in support of mfi's financing strategies Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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