Nomura to buy Macquarie’s US and European asset management units for $1.8bn

The twin forces that forced Macquarie’s $2.8b retreat

The sale of Macquarie’s public investments business in North America and Europe speaks to important shifts in financial markets and Wikramanayake’s strategy.

Macquarie sells global investment arm for $2.8b

Macquarie Group is selling off its North American and European public investment businesses to Japanese banking and brokerage group Nomura in a deal worth about $2.8 billion.

Nomura to buy Macquarie's U.S. and European public asset management business for $1.8 billion

This would increase the assets under management of Nomura's investment management division to $770 billion, up from the $590 billion currently.

Nomura to buy Macquarie's US-Europe asset managers for $1.8bn

(Reuters) -- Japanese investment bank Nomura will acquire Macquarie Group's public asset management operations in the United States and Europe for 2.8

Nomura to buy Macquarie’s US and European asset management units for $1.8bn

Japanese bank’s chief says deal will help it reach its goals of ‘investing in stable, high-margin businesses’

Japan’s Nomura to buy Macquarie’s US, European asset management units for $2.3 billion

Japanese companies facing a shrinking domestic market are seeking out growth opportunities abroad. Read more at straitstimes.com.