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Westpac completes further business sale


Westpac completes further business sale
By
Sarah Kendell
03 August 2021
The major bank has completed the sale of another of its specialist businesses as part of a simplification strategy.
In a statement, Westpac said it had completed the sale of its vendor finance business to Angle Finance, almost a year after the transaction was originally announced.
“Westpac is pleased to have successfully executed the transaction, which will help Australian businesses continue to finance small ticket equipment loans to grow and be successful and help us become a simpler bank,” Westpac chief executive of specialist businesses and group strategy Jason Yetton said. ....

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LETTER: Loss of Tilbury Manor would leave six LTC homes in Chatham-Kent

LETTER: Loss of Tilbury Manor would leave six LTC homes in Chatham-Kent
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