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Macquarie Group: Shares Slide as Dealmaking Slows Down in Australia

Macquarie Group’s shares took a significant hit, dropping the most in over five months as Australian dealmaking activities lagged.

Macquarie Group is a prominent investment bank based in Sydney, Australia. PHOTO: Getty Images
Macquarie Group is a prominent investment bank based in Sydney, Australia. PHOTO: Getty Images

The Sydney-based investment bank saw its shares fall by as much as 4.2% on Thursday, marking the largest decline since February 13.

This downturn reflects investor disappointment,

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