BUZZ-Australia's <a href="https://laohu8.com/S/PPM.AU">Pepper Money</a> set for best week in 5 months on Westpac RAMS portfolio buy** Shares of Pepper Money Limited PPM.AX up 11.2% so far this week, set for best week since early June
** Co extends gains from last week after it confirmed media reports of being part of a consortium buying Westpac's WBC.AX RAMS mortgage broking portfolio
** On November 3, Westpac agreed to sell RAMS portfolio to a consortium, including co, KKR KKR.AX and PIMCO
** Non-banking lender to acquire legal title to the loans and will be appointed as servicer of the portfolio
** Stock down as much as 1.2% to A$2.45 on the day
** YTD, shares surge 88.4%, including day's moves
(Reporting by Aamir Shaik Khalid in Bengaluru)
((aamir.sheikkhalid@thomsonreuters.com))
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