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
$34.26 |
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 |