Westfield Corp. and Scentre list on ASX

The restructure of Westfield Retail Trust and Westfield Group is now complete (see Westfield deal is still unfair from 21 May14). For each share of Westfield Group held, shareholders have received one share in the internationally focused Westfield Corporation (ASX code: WFD), as well as 1.246 shares (rounded up) in the Australian focused Scentre Group (ASX code: SCG). Westfield Retail Trust shareholders have received 0.918 shares in Scentre and a cash payment of 0.2853 cents for each Westfield Retail Trust share held. By splitting off the slow-growing Australian management business Westfield Corporation is now focused on developing $4bn worth of...

The restructure of Westfield Retail Trust and Westfield Group is now complete (see Westfield deal is still unfair from 21 May14). For each share of Westfield Group held, shareholders have received one share in the internationally focused Westfield Corporation (ASX code: WFD), as well as 1.246 shares (rounded up) in the Australian focused Scentre Group (ASX code: SCG). Westfield Retail Trust shareholders have received 0.918 shares in Scentre and a cash payment of 0.2853 cents for each Westfield Retail Trust share held.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles