Breakfast Deals: Korean Doughnut

Macquarie’s ING buy extends its Asian grasp, while Newcrest suffers the exit of a top shareholder.

After years of steady growth at Macquarie Group's wealth management division, the Silver Doughnut has identified another golden opportunity in Korea. Elsewhere, Newcrest Mining loses the support of one of its largest shareholders, while the competition regulator prepares for a fight over its Virgin Australia-Air New Zealand ruling. And is a bidding war brewing over RHG?

ING Investment Management Korea, Macquarie Group

Macquarie Group is continuing to grow its global asset management business with the purchase of ING's giant Korean funds unit.


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