Liberty Financial is on a roll. Three months since hitting the local bourse in a hugely successful IPO, the non-bank lender’s appetite for deals doesn’t seem to be slowing down.
Tonight, we’ve got the scoop on which US private equity heavyweight has teamed up with Liberty to assess a potential joint bid for Westpac’s $11.5 billion monster auto loans portfolio.
Newly listed Liberty Financial Group is considering a bid for Westpac Banking Corp’s $11.5 billion auto loans portfolio and has an interesting potential partner in tow.
While Tabcorp takes its time reviewing strategic options for its ugly duckling wagering and media business, there’s plenty of behind the scenes scheming by potential acquirers.