DataRoom AM: Westfield replay

Westfield sets a date for a reconvened shareholder vote on its restructure, while the Queensland government plans a hefty asset sell-off.

The $70 billion restructure of Frank Lowy’s Westfield empire remains on shaky ground as a date is set for the resumption of the crucial Westfield Retail Trust shareholder meeting. So will the presence of a plan B push shareholders to back Lowy’s plans?

Elsewhere, the Queensland government opts for asset sales to solve its budget problem, the Solomon Lew-backed Smiggle may be hived off and Healthscope appears likely to join the IPO queue.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles