July 26 (Reuters) - Papua New Guinea's competition regulator has rejected Kina Securities' (KSL) A$420 million ($308.45 million) proposed stake purchase in Westpac Banking Corp's (WBC) Pacific operations, the financial services provider said on Monday.
Both parties are reviewing the regulator's draft and will make further submissions to the Independent Consumer and Competition Commission before it takes a final decision in September, Westpac added.
($1 = 1.3617 Australian dollars)
News: WBC PNG regulator rejects proposed sale of Westpac's Pacific businesses
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$34.28 |
Change
0.620(1.84%) |
Mkt cap ! $117.1B | |||
| Open | High | Low | Value | Volume |
| $33.89 | $34.31 | $33.71 | $82.18M | 2.409M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99191 | $37.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.86 | 15405 | 1 |
View Market Depth
| Last trade - 15.59pm 11/08/2025 (20 minute delay) ? |
| WBC (ASX) Chart |