Westfield secrecy over shake-up backfires

Westfield talks up Australasian spin-off Scentre to disgruntled investors.

Frank Lowy’s Westfield fronted disgruntled investors yesterday to talk up the prospects of its Australasian spin-off Scentre, but the company barred investors and analysts from asking any ­questions on the restructure of its $70 billion empire.

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