Cash bid to trump ARN offer for Southern Cross
An all-cash offer for Southern Cross, even at the same price as the one tabled by ARN Media, is proving the preferred option for some shareholders.
An all-cash offer for Southern Cross, even at the same price as the one tabled by ARN Media, is proving the preferred option for some shareholders.
TPG Telecom and Macquarie Group are understood to be committed to reaching a deal over a $6.3bn asset sale.
Recent share price corrections have created buying opportunities among lithium stocks – some of which could deliver significant upside – Macquarie says.
Australian banks reveal their plans on going cashless after one announced its move to scrap cheque, cash and phone payment services.
A major bank had made a shock decision which could have massive implications for the way Aussies access their cash.
The global leader of philanthropy for UBS is in Australia meeting with Macquarie Bank, the Paul Ramsay Foundation and others on how best to invest in social causes.
There is an ‘uncanny correlation’ between the Rugby World Cup and surgeons taking leave – a phenomenon set to line the pockets of health insurers.
Deal flow at Macquarie’s $871bn asset management business won’t come until the second half, leading to earnings downgrades among stockbrokers.
The bank has shrugged off the largest shareholder protest vote since 2007, saying commodities boss Nick O’Kane could get ‘multiples’ of his $57.6m pay package for his talent elsewhere.
The investment bank rode the commodities and markets bubble all the way up despite its best efforts to become more predictable.
Shares in the banking major sink as it downgrades expectations for its asset management, investment banking and global trading units after a weak first quarter.
NZ’s Hobson Wealth Partners is understood to be testing waters in Australia over whether there’s any interest in its acquisition.
Macquarie Group, BP and APA Group are among the parties shortlisted for the West Australian assets of Alinta Energy, say sources, while Pacific Equity Partners is out of the race.
Investment banking titan Nicholas Moore says education is the passion that will drive his later career as he is appointed Officer of the Order of Australia.
Ex-banker Nicholas Moore has told a summit the Australian economy will have a soft landing while his former bank, Macquarie, backs its carbon-emitting clients.
Australian investment powerhouse Macquarie Group is fighting a lawsuit brought by the Texas Attorney-General that it manipulated the gas market in the US.
Analysts say that Alinta Energy’s assets for sale in north west Australia meets APA Group’s desire for transmission and remote energy.
The banking giant has delivered a record $5.2bn profit and chief executive Shemara Wikramanayake believes global economic woes mean there will be acquisition opportunities ripe for the picking.
Macquarie’s commodities and markets boss Nick O’Kane has had an ‘exceptional’ year and now takes home over $1m a week. Is he Australia’s highest-paid executive?
Macquarie chief economist Ric Deverell says the risk of a hard economic landing is growing, despite employment holding up in the face of rising interest rates.
Original URL: https://www.theaustralian.com.au/topics/macquarie-group/page/3