Westpac to Sell Infrastructure Firm Hastings to Northill

Posted on 11/06/2017


Australian banking firm Westpac Banking Corporation has agreed to sell global infrastructure manager Hastings Fund Management to London-based Northill Capital LLP for A$ 160 million (US$ 123 million). Hastings management team is expected to remain in place, although Northill plans to appoint an experienced chairman, according to a statement from Northill. Hastings acquired a 51% […]