Westfield restructure 'fair': experts

Independent experts find proposal is fair, reasonable, in shareholders' interests.

Two expert reports from KPMG and Grant Samuel & Associates have found the planned restructure of Westfield Group (WDC) and Westfield Retail Trust (WRT) is in the best interests of securityholders.

Wesfield Group plans to spin off its Australian and New Zealand business and merge it with Westfield Retail Trust, forming Scentre Group, leaving Westfield Corporation to focus on its international business.

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