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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 187.6 AUD | -0.69% |
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+0.67% | +2.14% |
Dec 2 (Reuters) - Australia's Macquarie Group said on Wednesday its asset management unit will buy investment management firm Waddell & Reed Financial Inc for $1.7 billion in cash.
The offer price of $25 per share represents a premium of 48% to Waddell & Reed's closing price on Dec. 1, the last trading day before the announcement of the deal, the companies said. (Reporting by Ayanti Bera in Bengaluru; Editing by Amy Caren Daniel)
| 1st Jan change | Capi. | |
|---|---|---|
| +2.14% | 44.35B | |
| +11.50% | 12.47B | |
| +19.77% | 7.5B | |
| -6.88% | 7.05B | |
| -6.01% | 5.64B | |
| -9.47% | 3.07B | |
| +19.89% | 1.95B | |
| -1.12% | 1.59B | |
| -12.50% | 1.24B | |
| +0.34% | 1.2B |
MACQUARIE GROUP LIMITED 
