SYDNEY, June 20 Australia's Westfield Group
, the world's biggest retail property group,
was cleared to split its business along geographic lines after
shareholders voted in favour of the move at a meeting on Friday.
The Sydney-based group, headed by Australia's second richest
person Frank Lowy, can now press ahead with its plan to put its
international portfolio into a new company called Westfield Corp
while combining its Australasian property and property
management businesses under the name Scentre.
Shareholders with 76.09 percent of Westfield shares voted in
favour of the split, a Westfield spokesperson told Reuters.
(Reporting By Byron Kaye; Editing by Stephen Coates)