Revealing the missing pieces of Westfield's puzzle

A lack of detailed information about Westfield's split into domestic and international segments has failed to inspire the market but the restructure makes sense.

Maybe it was just overwhelmed by the general sharemarket softness today, but the market’s response to Wednesday’s Westfield restructuring appears to be lukewarm at best.

The security prices for both Westfield Group and Westfield Retail Trust drifted down as the market absorbed the detail of the re-packaging of the two entities and $63 billion of assets into independent Australasian and international groups.


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