Bright Spots For Canada In Macquarie's Grim Outlook
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Tue, Feb 7, 2012
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Bright Spots For Canada In Macquarie's Grim OutlookStreetwise Blog • Tue, Feb 7, 2012
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- Monday, August 27, 2012, 1:50 AM After two years of trying, Hertz (HTZ) is set to acquire Dollar Thrifty (DTG) in a deal worth $2.3B. The price of $87.50/share represents a premium of 8% on the latter's close of $81 on Friday. To help obtain the blessing of regulators, Hertz also agrees to sell its Advantage Rent-A-Car unit to Franchise Services of North America and Macquarie Capital for a reported $16M. (PR) 1 Comment [M&A, Top Stories, Consumer]
- Monday, April 2, 2012, 11:42 AM Australia's Macquarie (MQBKY.PK) is planning to this year raise a $2B infrastructure fund focused on the U.S. and Canada after fully investing its second, $1.6B fund, Reuters reports. Macquarie has averaged gross internal rates of return of over 20% in its previous investments in North American infrastructure. Comment! [Financials]
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