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Nomura Buys Macquarie's N American & European Businesses
"Japanese investment bank and brokerage group Nomura said Tuesday it will buy the North American and European public investments business of Australian investment banking company Macquarie (MAM) for $1.8 billion."
"As a result of the transaction, MAM will be a more focused, leading, global private markets alternatives business serving the fast-growing Institutional, Insurance and Wealth markets, with a scaled full-service asset manager in Australia.....This transaction will allow MAM to build on our leading global position in private markets, and our leading position in Australian public markets, as we focus on providing solutions for our Institutional, Insurance and Wealth clients."
