Deals
Macquarie May Seek U.S. Purchases in ‘Once-in-Generation’ Push
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Macquarie Group Ltd., which made five North American acquisitions in 2009, may buy more U.S. assets and add bankers servicing mid-sized companies to gain a larger slice of the world’s biggest investment-banking market.
Australia’s largest investment bank plans to expand teams advising U.S. energy, industrial and technology companies, said Tim Bishop, chief executive officer of Macquarie Capital’s U.S. division. With A$4.5 billion ($4.1 billion) of excess capital, Macquarie has “eyes and ears open” for opportunities, he said.