Dec 20 (Reuters) - Westpac Banking Corp WBC.AX said on Wednesday its unit, Hastings Management Pty, will sell its international businesses managed out of the United Kingdom and United States to London-based asset manager Northill Capital.
Westpac said last month it would sell Hastings' fund management business to Northill without divulging the terms of the deal, in a move by a big Australian bank to offload a capital intensive division amid stiffer bank capital rules.