Westpac buys Lloyds’ Australian assets for $1.37 bln

Westpac buys Lloyds’ Australian assets for $1.37 bln (via AFP)

Banking giant Westpac on Friday said it is buying Lloyds Banking Group’s Australian businesses for Aus$1.45 billion (US$1.37 billion), the Australian lender’s largest acquisition in five years. Under the deal, the country’s second biggest bank by market…



 



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