DataRoom AM: Macquarie's mortgage fancy

Macquarie Group is leading the race for ING Direct's $1.5bn non-branded mortgage book, while due diligence on Treasury Wine Estates begins to wrap up.

ING Direct is edging closer to ridding itself of its non-branded mortgage book, with Macquarie Group jumping into the front seat on a deal as it seeks to lift its housing market exposure.

Elsewhere, due diligence on Treasury Wine Estates nears an end, action in the IPO market heats up on both sides of the Tasman, and a Noni B takeover appears imminent.



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