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Australia's Macquarie says no acquisitions on horizon

Published: 29 Oct 2009 19:42:13 PST

SYDNEY, Oct 30 - Macquarie Group Ltd <MQG.AX>, Australia's largest investment bank, has no material acquisitions on the immediate horizon, Chief Executive Nicholas Moore told analysts at a briefing on Friday.

Moore was responding to a question on whether Macquarie would deploy some of its excess capital to pursue acquisitions.

For an earlier story: [ID:nSYD521168].


Source: Reuters

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