DataRoom AM: Westfield target talk

The Lowy family could be priming Westfield Corporation for a takeover, while the mid-tier banks look for a way to counter the power of the big four.

Ever since the Lowy family announced demerger plans for Westfield at the end of 2013, speculation has been rife that it was a play to make the business more suitable as a takeover target. But could there be action at the station already?

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