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On Wednesday, October 30, 2024, signboards for Nomura Holdings Inc. Outside the main office of OTEMACHI in Tokyo, Japan.
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The Japanese Investment Bank and the Nomura brokerage group said it was buying North American and European Business Investment Business of the Australian Macquarie Banking Company for $ 1.8 billion.
It is expected that by the end of this year the transaction will be made taking into account the regulatory statements.
Nomura stated that “determined global asset management as a key strategic priority for the organization”, adding that this will increase the assets that are under the management of the investment management department to $ 770 billion, which is currently compared to $ 590 billion.
said the Major It will retain its public business in Australia, where it will continue servicing institutions, governments and individual investors.
As part of the Macquarie and Nomura transaction, they also agreed to cooperate on products and distribution.
This includes Nomura to be a US wealth distribution partner for Macquarie, which will see customers in the US, which still have access to the alternative Macquarie investment capabilities.
Nomura pledged to provide seed capital for a number of alternative funds, given the US wealth, both companies said.
Nomura said the impact of the company’s financial resources will be “minimal” and both companies will continue to work separately and independently until the transaction is closed.
