Macquarie Mulls Takeover Bid for M&G, Sky News Reports
03 March 2023 - 1:08AM
Dow Jones News
--Australia's Macquarie Group Ltd. is in the early stages of
exploring a bid for M&G PLC but the valuation of any proposal
is unclear, Sky News reports, citing unnamed sources.
--Macquarie is yet to make an approach to the board of the FTSE
100-listed investment manager, with sources cautioning that
premature public disclosure of its interest could lead it to decide
against a formal offer, Sky News reports.
Full story: https://bit.ly/3ZfVXSy
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
March 02, 2023 08:53 ET (13:53 GMT)
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