|Bid||172.00 x 39700|
|Ask||172.13 x 38900|
|Day's range||170.30 - 172.15|
|52-week range||149.51 - 195.74|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||13.07|
|Earnings date||05 May 2023|
|Forward dividend & yield||7.50 (4.36%)|
|Ex-dividend date||15 May 2023|
|1y target est||193.88|
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MILAN (Reuters) -Australian fund Macquarie is raising legal hurdles over a plan backed by Italy's Treasury for state lender CDP to join forces with U.S. fund KKR to buy Telecom Italia's (TIM) landline grid, three sources said. TIM directors have set a final deadline of June 9 for potential improved offers by the U.S. private equity firm and a rival consortium comprising CDP and Macquarie, worth 21 billion euros and 19.3 billion euros respectively. TIM has deemed both not yet adequate.
(Reuters) -Big investment firms including Macquarie, Fidelity, Tiger Global and Coatue were among the largest buyers of U.S. listed shares of Taiwanese contract chipmaker TSMC in the first quarter, while Warren Buffett's Berkshire Hathaway sold its remaining stake in the company, according to regulatory filings. Berkshire said in February it had reduced its position in Taiwan Semiconductor Manufacturing Co Ltd. On Monday, the company said it shed its remaining stake.
Macquarie has option for all of National Grid gas transmission and metering despite tainted history of owning utilities
Macquarie Group Limited ( ASX:MQG ) will increase its dividend from last year's comparable payment on the 4th of July...
(Reuters) -Australia's Macquarie Group on Friday forecast higher short-term income from its lucrative commodities trading business as price volatility and increased hedging boosted the company's annual profit to a record high. The Ukraine war and unpredictable weather in North America have turned Macquarie's oil, gas and power trading unit into a strong profit-making segment, even if prices fall, due to elevated risk management levels and improved trading. The Sydney-based firm's Commodities and Global Markets (CGM) segment posted net profit of about A$6 billion ($4 billion), 54% higher than last year, as more customers hedged against volatile energy markets.
ATHENS (Reuters) -Italy's Enel is expected to finalise by May a deal for the sale of around a 50% stake in its Greek renewables unit to Australia-based Macquarie Group, two sources close to the matter said on Thursday. Enel said in November it was looking for a partner willing to buy part of Enel Green Power Hellas and invest in its development. Enel Green Power Hellas has 59 plants totalling 482 megawatts (MW) of operated capacity powered by renewable wind, solar and hydro energy, according to the company's website, and six solar plants of 84 MW under construction.
Infrastructure fund Macquarie Asset Management said on Wednesday it has agreed to buy a minority stake in Austrian car park company Best in Parking AG, as the sector recovers from lockdowns and aims for a boost from electric vehicles (EV). Macquarie, which already owns Telpark, a car park business in Spain, said it would support Best in Parking to double its EV charging access points to 1,000 by 2025. It did not disclose the amount of the deal, which is expected to be completed in the third quarter, but said Austria's Breiteneder family and its private foundation would retain a majority stake.
SYDNEY (Reuters) -Macquarie Group has hired Credit Suisse's top Australian dealmaker Dragi Ristevski, according to a memo from the bank. Ristevski has been Credit Suisse's head of investment banking and capital markets.
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PHILADELPHIA, March 13, 2023--Today, Delaware Ivy High Income Opportunities Fund (the "Fund"), a New York Stock Exchange-listed closed-end fund trading under the symbol "IVH," announced that the acquisition of substantially all of the assets of the Fund by abrdn Income Credit Strategies Fund (the "Acquiring Fund"), a New York Stock Exchange-listed closed-end fund trading under the symbol "ACP," was completed on March 10, 2023 at approximately 5:00 pm ET (the "Reorganization"). Fund shareholders
Acceptance of the bid by CDP and Australia's Macquarie could be announced this month, the report said, adding that a final determination hasn't been made. The news comes after TIM said last month an offer for its network grid tabled by U.S fund KKR & Co Inc "does not wholly reflect the value of the asset". TIM said its objective was to facilitate an improved offer by the end of March.
Macquarie is yet to make an approach to M&G's board, according to the report. Macquarie is unlikely to keep M&G's insurance operations, the report added, and could either partner with a firm that could acquire that part the business or look to sell after completing the takeover. M&G did not immediately respond to a Reuters request for comment while Macquarie declined to comment on the report.
PHILADELPHIA, February 24, 2023--Today, Delaware Ivy High Income Opportunities Fund (the "Fund"), a New York Stock Exchange-listed closed-end fund trading under the symbol "IVH", announced that the Fund will make a final distribution of $0.149 per share in connection with the reorganization of the Fund into abrdn Income Credit Strategies Fund (the "Acquiring Fund"), a New York Stock Exchange-listed closed-end fund trading under the symbol "ACP" (the "Reorganization"). The final distribution will
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PHILADELPHIA, February 01, 2023--Today, Delaware Ivy High Income Opportunities Fund (the "Acquired Fund"), a New York Stock Exchange-listed closed-end fund trading under the symbol "IVH", announced that the Acquired Fund will make final distributions in connection with the reorganization of the Acquired Fund into abrdn Income Credit Strategies Fund (the "Acquiring Fund"), a New York Stock Exchange-listed closed-end fund trading under the symbol "ACP" (the "Reorganization"). The final distributio
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PHILADELPHIA, January 04, 2023--Today, Delaware Ivy High Income Opportunities Fund (the "Fund"), a New York Stock Exchange– listed closed-end fund trading under the symbol "IVH," declared a monthly distribution of $0.0932 per common share. The monthly distribution is payable January 27, 2023 to shareholders of record at the close of business on January 20, 2023. The ex-dividend date will be January 19, 2023.
From what we can see, insiders were net buyers in Macquarie Telecom Group Limited's ( ASX:MAQ ) during the past 12...
When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...
PHILADELPHIA, December 12, 2022--Today, Delaware Ivy High Income Opportunities Fund (the "Fund"), a New York Stock Exchange– listed closed-end fund trading under the symbol "IVH," re-declared a monthly distribution of $0.0932 per common share. The monthly distribution is payable December 30, 2022 to shareholders of record at the close of business on December 23, 2022. The ex-dividend date will be December 22, 2022.
A look at the shareholders of Macquarie Telecom Group Limited ( ASX:MAQ ) can tell us which group is most powerful. And...
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