Analysis
Why PNG knocked back Westpac’s $420m deal
Michael RoddanNational correspondent
Papua New Guinea’s biggest lender, Bank of South Pacific, defied market orthodoxy in January when its chief executive, Robin Fleming, argued forcefully against Westpac’s proposed $420 million sale of its operations in the country to rival lender Kina Securities.
Bank of South Pacific CEO Robin Fleming.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles