The Australian reports of major happenings around Macquarie Group
The Macquarie Group's boom-market business model began to unwind yesterday when its listed communications fund recommended a $1.37 billion takeover offer on fears its looming debt deadlines would not be met.

The potential sale of the Macquarie Communications Infrastructure Group (MCG) to the Canadian Pension Plan Investment Board represents the first of the Macquarie satellite funds to break away as the global financial crisis forces the group to reposition its business. Read the entire article