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Cerberus Capital Management-backed Angle Finance to acquire the motor vehicle dealer finance and novated leasing businesses of Westpac for $1bn.
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Service Providers
financial advisors
Citigroup
or
Principals
vendor
WESTPAC BANKING CORPORATION
target
WESTPAC BANKING CORPORATION (MOTOR VEHICLE DEALER FINANCE AND NOVATED LEASING BUSINESSES)
bidder
CERBERUS CAPITAL MANAGEMENT LP
bidder
ANGLE FINANCE
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