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Westpac is said to be the favourite to acquire Lloyds Banking...

  1. 25 Posts.
    Westpac is said to be the favourite to acquire Lloyds Banking Group’s Australian business. The deal is worth around $10 billion and consists of a car leasing business valued at $6.5 billion and a corporate loan book. Banks obviously aren't too concerned with long term sustainability of car leasing.

    http://finance.ninemsn.com.au/newsbusiness/motley/8731164/westpac-at-forefront-for-lloyds-australia-business
 
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Last
$17.31
Change
-0.440(2.48%)
Mkt cap ! $1.205B
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