DataRoom AM: Westfield temptation

Frank Lowy's Westfield Corporation may soon become a takeover target, while Wotif.com celebrates an attractive offer from Expedia.

Frank Lowy may have won an epic battle over his property empire recently, but in so doing has he set up the newly formed Westfield Corporation as a takeover target?

Elsewhere, Wotif.com falls into the hands of global rival Expedia, the fight over a dividend at Envestra remains unresolved, the bid deadline for SAI Global is delayed and Elders may be ripe for a new takeover offer.

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