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Macquarie taps investors for more UK deals

Macquarie Group has tapped investors for £825m as it prepares for further takeovers.

Australia’s largest investment bank, which is among the largest inward investors into Britain, with more than £50bn in UK assets, has over £5bn surplus capital, while the funds it manages will have a separate £15bn in equity to deploy.

The bank owns Southampton Airport and a majority stake in Southern Water.

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