DataRoom AM: Westfield’s looming verdict

Frank Lowy’s giant Westfield restructure hangs by a thread, while Australand reviews a sweetened bid from Stockland.

It’s judgement day for the biggest restructure in Australian corporate history and the vote for a merger and split of the Westfield property empire is destined to go down to the wire.

Elsewhere, Stockland raises its bid for rival Australand, the Abbott government provides further details on its privatisation plans and the race for a new Brisbane casino thins to four.

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