Aug 9 (Reuters) - Westpac Banking Corp (WBC) :
- WESTPAC SELLS AUSTRALIAN LIFE INSURANCE BUSINESS TO TAL-WBC.AX
- DEAL FOR SALE PRICE OF A$900M
- TRANSACTION SEES WESTPAC EXIT MANUFACTURING LIFE INSURANCE PRODUCTS AND RELEASES SIGNIFICANT CAPITAL BACK TO BANK
- TOTAL ACCOUNTING LOSS ON SALE IS APPROXIMATELY A$1.3 BILLION POST-TAX
- TRANSACTION WILL ADD APPROXIMATELY 12 BPS TO WESTPAC'S LEVEL 2 COMMON EQUITY TIER 1 CAPITAL RATIO
- TOTAL ACCOUNTING LOSS ON SALE IS ABOUT A$1.3 BILLION POST-TAX
- ENTER AN EXCLUSIVE 20-YEAR STRATEGIC ALLIANCE WITH TAL DAI-ICHI LIFE AUSTRALIA
- COMPLETION OF TRANSACTION EXPECTED TO OCCUR IN SECOND HALF OF 2022
- POST-TAX LOSS OF A$0.3 BILLION, EXPECTED TO BE REALISED IN GROUP'S FY21 RESULTS
Aug 9 (Reuters) - Westpac Banking Corp (WBC) : WESTPAC SELLS...
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Last
$34.26 |
Change
0.600(1.78%) |
Mkt cap ! $117.1B | |||
| Open | High | Low | Value | Volume |
| $33.89 | $34.31 | $33.71 | $77.86M | 2.283M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 2737 | $34.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.27 | 9604 | 9 |
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| Last trade - 15.50pm 11/08/2025 (20 minute delay) ? |
| WBC (ASX) Chart |