Westpac sells Zip stake
William McInnes
Westpac has sold its 10.7 per cent stake in Zip Co. by way of a full underwritten book build to institutional investors.
The offer price for the shares was $6.65 a share, at a 6.1 per cent discount to their October 21 close of $7.08.
Westpac sells Zip stake
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Last
$2.62 |
Change
-0.040(1.50%) |
Mkt cap ! $3.420B | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.68 | $2.53 | $33.12M | 12.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 68790 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 264643 | 10 |
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