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Investment

Westpac to raise capital by divesting BTIM stake

Westpac Group will sell half of its stake in BT Investment Management (BTIM) to institutional and retail investors in a move that will raise up to $700 million and bolster its capital position.

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Read more: BTIM,  Investment,  Westpac Group,  BT Investment Management,  Brad Cooper,  BT Financial Group,  BTIM shareholders,  BTIM shares,  July 10,  July 16,  June 16,  June 17,  June 18,  June 22,  Peter King