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Hostage to fortune: why Westpac could struggle to find the right buyer for its NZ subsidiary

  • Written by The Conversation
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The recent announcement that Westpac is “reviewing” ownership of its New Zealand business caused some speculation the decision might be due to the bank’s lower profitability. But this would be unlikely grounds for a sale, and was more a consequence of COVID-19’s impact than anything.

In fact,...

Read more: Hostage to fortune: why Westpac could struggle to find the right buyer for its NZ subsidiary

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