MQG macquarie group limited

News: MQG Macquarie plans to sell its 20% stake in Spain's Exolum, Cinco Dias says

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    MADRID, Sept 19 (Reuters) - Australia's investment bank Macquarie Group (MQG) plans to sell its 19.87% stake in Spanish oil pipeline and storage operator Exolum, Spanish newspaper Cinco Dias reported on Monday, citing unidentified financial sources.

    The stake could be worth 1 billion euros ($998 million), the newspaper said.

    Macquarie and Excolum did not immediately respond to requests for comment.

    Two months ago, rival newspaper Expansion reported Canadian pension fund Omers, Exolum's second-largest shareholder after U.S. buyout fund CVC, was planning to sell its 24.61% stake.

    ($1 = 1.0024 euros)

 
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Last
$223.62
Change
-2.550(1.13%)
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