Aug 21 (Reuters) - Westpac Banking Corp (WBC) :
- GROUP SELLS STRATEGIC ALLIANCES ("VENDOR FINANCE") BUSINESS
- TRANSACTION IS EXPECTED TO RESULT IN TRANSFER OF AROUND $500 MILLION OF CUSTOMER LOANS
- SALE IS EXPECTED TO HAVE A NEGLIGIBLE IMPACT ON WESTPAC'S BALANCE SHEET AND CAPITAL RATIOS
- COMPLETION OF TRANSACTION IS EXPECTED TO OCCUR AT END OF APRIL 2021
- EXPECTS A SMALL ACCOUNTING LOSS ON SALE
- AGREEMENT FOR SALE OF VENDOR FINANCE BUSINESS TO ANGLE FINANCE, A PORTFOLIO CO OF CERBERUS CAPITAL
News: WBC Westpac Group Sells Vendor Finance Business To Angle Finance
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Last
$34.61 |
Change
0.300(0.87%) |
Mkt cap ! $117.5B | |||
| Open | High | Low | Value | Volume |
| $34.30 | $34.72 | $34.26 | $80.52M | 2.336M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 281 | $34.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.62 | 1470 | 4 |
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| Last trade - 14.54pm 12/08/2025 (20 minute delay) ? |
| WBC (ASX) Chart |