ASX:MQGCapital Markets
Macquarie Weighs IntelliSmart Deal As Valuation And Growth Questions Loom
Macquarie Group (ASX:MQG) is reported to be in early talks to acquire IntelliSmart Infrastructure alongside other global and Indian investors.
The potential deal would increase Macquarie's exposure to India's smart meter sector, an area drawing growing international capital.
The discussions are at a preliminary stage and no transaction terms have been announced.
For investors watching Macquarie Group at A$223.89 per share, the interest in IntelliSmart sits against a backdrop of recent share...