M&G Faces Questions on Macquarie's Reported Interest at Its 2022 Results
1355 GMT - Reports of Macquarie considering a takeover bid for M&G will raise questions at the British investment manager's upcoming results, Citi says in a note. "Both M&G and Macquarie have declined to comment so far but U.K. takeover rules will likely result in a comment at some stage," analyst Andrew Baker says, adding it will undoubtedly be a source of questioning on March 9 at the new CEO's first results presentation. Citi rates the stock neutral. Shares are flat at 219.3 pence. (elena.vardon@wsj.com)
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03-02-23 0939ET
