WBC westpac banking corporation
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Sept 22 (Reuters) - Kina Securities Ltd (KSL) : ACQUISITION OF...

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    22/09/21
    08:10
    Post #: 56252543

    Sept 22 (Reuters) - Kina Securities Ltd (KSL) :

    • ACQUISITION OF WESTPAC PNG AND WESTPAC FIJI NOT TO PROCEED
    • CO AND WESTPAC BANKING CORP MUTUALLY AGREED TO TERMINATE AGREEMENTS FOR PURCHASE BY KINA OF WESTPAC'S PACIFIC BUSINESSES
    • TERMINATION FOLLOWS LAST WEEK'S DECISION BY ICCC TO DENY AUTHORISATION
    • EXPECTS THAT ITS FULL YEAR 2021 RESULTS WILL NOW BE IN LINE WITH COMPANY'S FULL YEAR 2020 RESULTS
    • OUTLOOK FOR CO REMAINS POSITIVE
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