Westpac may spin off NZ business
The Australian parent has hired advisers to review the local unit and decide what to do.
Maria Slade
Wed, 24 Mar 2021
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Westpac Banking Corporation has put its New Zealand unit under review and has reportedly hired Macquarie Capital to run a scoping study to decide whether to spin it off to shareholders.
In a statement to the ASX and NZX, Westpac confirmed it was assessing whether a demerger would be in the best
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Maria Slade
Wed, 24 Mar 2021
Contact the Writer: maria@nbr.co.nz
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Westpac may spin off NZ business
Business,
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