Macquarie Group on Wednesday unveiled deals in the US and China that mark another step in the Australian bank’s global expansion. Macquarie sealed its largest foreign acquisition with the purchase of Delaware Investments, the US money manager owned by Lincoln Financial, for $428m. Separately, Macquarie said it has established a joint venture with China Everbright, a Chinese state-controlled investment company, to raise $1.5bn to invest in infrastructure projects in China, Taiwan and HK.

This entry was posted by Gwen Robinson on Thursday, August 20th, 2009 at 4:54 and is filed under Capital markets, M&A. Tagged with China Everbright, Lincoln, macquarie. Edit this entry.