Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 3AW account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 3AW content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 3AW online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

End of an era: Frank Lowy sells Westfield

Deborah Knight
Article image for End of an era: Frank Lowy sells Westfield

Sir Frank Lowy’s Westfield Corporation is set to be taken over in a deal worth $32.7 billion (AUD).

Sir Frank arrived in Australia a penniless migrant in 1952, becoming the billionaire founder of Westfield shopping centres.

The family has previously sold out of the company’s Australian operations but today the 87-year-old sold his remaining share to international retail Unibail-Rodamco.

Ross Greenwood speaks with The Australian’s business columnist John Durie following the historic sale.

“What a big day in Australia isn’t it!

“This is Australia’s biggest ever takeover, it’s a huge deal.”

Ross also talks with his Channel 9 colleague Eddy Meyer who was at the announcement.

Click PLAY below for more details and Sir Frank Lowy’s announcement

Deborah Knight
Advertisement