Westpac (ASX:WBC) announces sale of Zip (ASX:Z1P) stake
Patrick Melville
October 22, 2020
Westpac Banking Corp (ASX: WBC) has announced it will sell
Zip Co Ltd (ASX:ZIP) provides customers with a revolving line of credit to finance their retail purchase with its brands of Zip Pay, Zip Money and Pocketbook. It is one of the largest Buy Now, Pay Later (BNPL) providers in Australia. Some of its largest clients include Bunnings Warehouse, Appliances Online, EB Games and Officeworks. Zip Co shares once traded under the ‘Z1P’ ticker symbol but have since changed to ‘ZIP’ (the old Ziptel ASX ticker symbol).
Westpac Banking Corp (ASX: WBC) has announced it will sell
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