Macquarie completes Canadian acquisition
Macquarie Group’s presence in Canada has expanded, with the company having advised the Australian Stock Exchange that it has completed the acquisition of Canadian firm Orion Financial.
Macquarie announced an intention to acquire Orion in late September and said today that the transaction had been completed.
It said that when combined with Macquarie’s existing Canadian investment banking business, the acquisition of Orion’s advisory, equity research, sales and trading platform had created a leading investment banking and securities franchise in Canada.
AUTHOR
Mike Taylor
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