Analysts are starting to get excited again about Macquarie Group with deals activity cranking up. The investment bank gets a double win for OzForex, which has started its roadshow. Meanwhile, Nine has reportedly received assurances from WIN that it’ll get a look at rival offers if the reach rule is abandoned, doubts are growing about the chances of Murray Goulburn challenging Bega Cheese for Warrnambool Cheese & Butter Factory and Treasury Wine Estates has said it won’t be selling its US business…for the umpteenth time.
Macquarie Group, OzForex
It’s often forgotten in the business deals speculation pages that one of the crucial barometers for the industry is Australia’s Macquarie Group.