Submit Deal

WESTPAC BANKING CORPORATION

Summary

Westpac Banking Corporation operates as a major financial institution. The Company provides banking services in Australia and New Zealand.

Deals Overview

Total Deals17

Valued Deals9

Total Value£ 2.35 B

Avg. Deal Size£ 261 M

Market Context

Senior Management

Peter King
CEO
Brian Hartzer
CEO
Catherine McGrath
New Zealand CEO

Sort

03 Apr 2018|Australia|FinTech

Target: ASSEMBLY PAYMENTS PTY LTD

Bidder: WESTPAC BANKING CORPORATION

3 Service Providers

1 Target | 2 Bidder

5 Dealmakers

5 Target

n/a

Value

28 Sep 2018|Australia|Asset Managers and Custodians

Target: ASCALON CAPITAL MANAGERS LIMITED

Bidder: GENERATION DEVELOPMENT GROUP LIMITED

n/a

Value

19 Mar 2019|Australia|Diversified Financials

Target: WESTPAC BANKING CORPORATION (ADVICE BUSINESS)

Bidder: VIRIDIAN FINANCIAL GROUP

4 Service Providers

2 Bidder | 2 Vendor

23 Dealmakers

9 Bidder | 14 Vendor

n/a

Value

18 Jun 2020|Australia|Asset Managers and Custodians

Target: PENDAL GROUP LTD

Bidder: INSTITUTIONAL INVESTORS

4 Service Providers

2 Target | 2 Vendor

5 Dealmakers

4 Target | 1 Vendor

£ 101 M

Value

21 Aug 2020|Australia|Consumer Lending

Target: WESTPAC BANKING CORPORATION (VENDOR FINANCE BUSINESS)

Bidder: CERBERUS CAPITAL MANAGEMENT LP

3 Service Providers

2 Bidder | 1 Vendor

5 Dealmakers

4 Bidder | 1 Vendor

n/a

Value

02 Dec 2020|Australia|Full Line Insurance

Target: WESTPAC BANKING CORPORATION (GENERAL INSURANCE BUSINESS)

Bidder: ALLIANZ GROUP

5 Service Providers

3 Bidder | 2 Vendor

16 Dealmakers

15 Bidder | 1 Vendor

£ 399 M

Value

07 Dec 2020|Fiji|Banks

Target: WESTPAC (PACIFIC BUSINESSES)

Bidder: KINA SECURITIES LTD

4 Service Providers

3 Bidder | 1 Vendor

5 Dealmakers

2 Bidder | 3 Vendor

£ 232 M

Value

17 Mar 2021|Australia|Mortgage Finance

Target: WESTPAC LENDERS MORTGAGE INSURANCE LIMITED

Bidder: ARCH CAPITAL GROUP LTD

6 Service Providers

4 Bidder | 2 Vendor

7 Dealmakers

3 Bidder | 4 Vendor

n/a

Value

16 Jun 2021|United Kingdom|Digital Services

Target: 10X FUTURE TECHNOLOGIES LTD

Bidder: JP MORGAN CHASE & CO

10 Service Providers

4 Target | 6 Bidder

10 Dealmakers

4 Target | 6 Bidder

£ 132 M

Value

06 Jul 2021|New Zealand|Life Insurance

Target: WESTPAC (NEW ZEALAND LIFE INSURANCE BUSINESS)

Bidder: FIDELITY LIFE ASSURANCE COMPANY LIMITED

7 Service Providers

2 Bidder | 5 Vendor

18 Dealmakers

3 Bidder | 15 Vendor

£ 202 M

Value

09 Aug 2021|Australia|Life Insurance

Target: WESTPAC (LIFE INSURANCE BUSINESS)

Bidder: TAL DAI-ICHI LIFE

5 Service Providers

2 Bidder | 3 Vendor

33 Dealmakers

11 Bidder | 22 Vendor

£ 476 M

Value

28 Jul 2021|Australia|Diversified Financials

Target: WESTPAC BANKING CORPORATION (MOTOR VEHICLE DEALER FINANCE AND NOVATED LEASING BUSINESSES)

Bidder: CERBERUS CAPITAL MANAGEMENT LP

4 Service Providers

3 Bidder | 1 Vendor

8 Dealmakers

2 Bidder | 6 Vendor

£ 755 M

Value

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy