10:07 AM EST, 11/03/2025 (MT Newswires) -- Simon Property ( SPG ) said Monday that it has purchased the remaining 12% stake in Taubman Realty Group for 5.06 million limited partnership units in Simon Property Group LP.

Simon Property ( SPG ) said it now has full ownership of Taubman Realty and expects the transaction to be accretive to the company.

Shares of the company were down nearly 1% in recent Monday trading.

Price: 173.93, Change: -1.83, Percent Change: -1.04