Tips and rumours

Mar 18, 2014

Tips and rumours

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From the Crikey grapevine, the latest tips and rumours …

Mac Bank sale no big bonanza. The words Macquarie and “management buyout” will always generate interest, and news of the sale of Macquarie Investment Management Private Markets is no exception. Crikey is reliably informed the private equity fund of funds unit has been valued at some $12 million and the sale to management follows failed attempts to sell the business to a number of international buyers over the past 18 months.

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