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Macquarie Group Limited (MQBKY)
- Reuters SG
UPDATE 2-Singapore's Keppel to buy Aermont Capital for $1 bln, expand into Europe
Singapore's Keppel Corporation on Wednesday said its unit Keppel Capital Holdings will acquire all issued voting shares in European asset manager Aermont Capital in two tranches, for a maximum sum of S$1.35 billion ($1 billion). Keppel Capital will buy 50% stake in Aermont for a maximum amount of 356.9 million euros ($391.6 million) in the first half of 2024, and the remaining stake for 575 million euros in the first half of 2028, Keppel said in a stock exchange filing.
- Financial Times
Macquarie Asset Management launches first Australian active ETFs
Australia’s Macquarie Asset Management has rolled out its first actively managed exchange traded funds that will compete with a growing number of global managers that have also listed active ETFs in the market. The Macquarie Dynamic Bond Active, Macquarie Income Opportunities Active and Macquarie Walter Scott Global Equity Active ETFs are listed on ASX. The launches follow hot on the heels of US asset management giant Dimensional Fund Advisors entry into the Australian market with its own suite of active ETFs.
- Reuters
Blackstone, Macquarie deny ASPI sale report, pledge commitment
La Stampa daily reported that JP Morgan drew up a plan last month to merge ASPI and domestic rival ASTM, a move that would have the backing of ASTM's controlling shareholder, Italy's Gavio group. ASPI changed hands last year in a 9.3 billion euro ($10 bln) deal that saw a state-backed consortium repurchase the toll-road group from the Benetton family. Following the 2022 deal, ASPI is controlled by state-lender CDP with funds Blackstone and Australia's Macquarie.
