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  • Background

    Westfield announced a stapling transaction in May 2004. Westfield Holdings shareholders could either:

    • elect to participate in a sale arrangement, under which they exchanged their shares for either
      • cash, or
      • Westfield Group stapled securities.
    • have their shares stapled to Westfield Trust and Westfield America Trust units.

    The stapling transaction was completed on 16 July 2004.

      Last modified: 06 Oct 2009QC 18166