Author - Sequoia Direct

Westpac to divest Pendal: Aus shares to open lower

18 Jun 2020 - The ASX is set to drop at the open after the Dow and the S&P 500 unwound some of the gains they managed to rack up over the last 3 sessions. Iron ore, gold and oil are trading lower. Westpac Banking Corporation (ASX:WBC) is selling its remaining holding in Pendal Group (ASX:PDL) via an underwritten institutional offer.

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