Economy

Westpac looks to sell Hastings Management


Westpac Banking Corporation and Charter Hall Group have entered into exclusive discussions regarding Westpac’s proposed sale of Hastings Management Proprietary Limited.

Hastings is a global infrastructure real assets business which has operated for over 22 years, headquartered in Australia.

Hastings currently has funds under management of $14.3 billion managed by 100 professionals.

Charter Hall Group believes the proposed sale provides an attractive expansion opportunity for Charter Hall across real assets funds management.

Read the full article at: http://www.news.com.au/finance/business/breaking-news/westpac-looks-to-sell-hastings-management/news-story/b08efd0ec2a274a08021575888560433

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