Business
Westpac appoints Macquarie for NZ bank review – The Australian Financial Review
Westpac Banking Corporation is mulling a spin-off of its New Zealand banking business, sources told Street Talk on Wednesday.
Westpac Banking Corporation is mulling a spin-off of its New Zealand banking business, sources told Street Talk on Wednesday.
Westpac is understood to have put its New Zealand unit under review Darrian Traynor
Westpac is understood to have put the unit under review and will run a scoping study to decide whether to retain it, spin it off to shareholders or even try to find a new owner.
Westpac executives, led by gun dealmaker Adam Penny, met with a handful of investment banks to talk about its options,…
-
Noosa News15 hours agoFarmers angry as Woolworths imports US butter in green and gold packaging
-
Noosa News21 hours agoEnvironmental law reforms will fail to close ‘deforestation loopholes’ affecting Great Barrier Reef, says Ken Henry
-
General11 hours agoLiberal politicians on Qantas plane that made urgent turnaround to Adelaide
-
Noosa News22 hours agoGold Coast border family fears losing life-changing therapy for autistic son under NDIS changes