MacBank remains on acquisition trail

With at least four deals on the go, the Australian investment bank flexes its balance sheet muscle again in 2006.

Macquarie Bank this week announced a new acquisition for 2006 with its $270 million offer for global airport baggage cart business Smarte Carte - a sign that the bank is preparing for another year of asset purchases.

Other deals in the pipeline include a 1.5 billion hostile bid for the London Stock Exchange, the purchase of five chemical plants from Nitrochem Corporation in Canada and rumours that it is part of a consortium bidding for the...

To continue reading, please login or register for free

Click for more on: macbank | remains | acquisition | trail

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...