From today's Australian:
It appears that it is not only fuel retailer and wholesaler Caltex that has caught the eye of Macquarie Group — the bank is believed to be keeping a watching brief assess the merits of a buyout of the listed AMP.DataRoom understands that Macquarie has made approaches about acquiring AMP’s bank and asset management business, AMP Capital.However, deterring Macquarie from launching an on-market bid for all of the business is that it does not want to acquire its wealth management operations.Macquarie has been around AMP since 2017, when this column revealed it was vying for the company with partners China Life and Kohlberg Kravis Roberts as part of a consortium deal.
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