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