


Macquarie to Buy Controlling Stake of £4.2bn in Britain’s National Grid’s Gas Network
Australia’s Macquarie Group in a consortium with British Columbia Investment, has agreed to buy a controlling stake of 60% for £4.2bn ($5.5bn) in Britain’s National Grid’s gas network. The company also has on option to buy the remaining 40%. The company will...
Macquarie Posts Record Quarterly Profit
Aussie lender Macquarie Group said that it reported record results driven by favorable market conditions and buoyed by a rapidly growing mortgage book. The group which does not disclose profit figures in quarterly updates, said that net profit contribution from its...
Macquarie Posts Record H1 Profits
Australia’s Macquarie Group reported a record profit of A$2.04bn ($1.54bn) in the six months to September, up from A$985mn ($742mn), and slightly higher than the prior half’s A$2.03bn ($1.53bn). The company recorded double-digit growth compared to a year earlier in...