Gilbert + Tobin is advising Australia’s Westpac Banking Corp. on its $1.37 billion acquisition of Lloyds Banking Group’s Australian assets.
Westpac, one of the Australia’s biggest banks, is buying Lloyds’s $1.5 billion corporate loan portfolio, as well as its motor vehicle and equipment finance business, which has some $6.4 billion in outstanding loans. The acquisition is expected to complete by the end of the year.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
