Kina goes for Westpac assets

PAPUA New Guinea bank owner Kina Securities Ltd is making a play for Westpac Banking Corp's up-for-sale Pacific unit, and is expected to ask shareholders to help restock its acquisition war chest.

Kina goes for Westpac assets Kina goes for Westpac assets Kina goes for Westpac assets Kina goes for Westpac assets Kina goes for Westpac assets

Kina Bank in Port Moresby

The Australian Financial Review reports that it is understood Kina Securities is locked in a two-horse race for Westpac's Pacific arm, which owns banks in PNG and Fiji, and is up against a well-funded
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more