Macquarie Bank this week announced a new acquisition for 2006 with its $270 million offer for global airport baggage cart business Smarte Carte - a sign that the bank is preparing for another year of asset purchases.
Other deals in the pipeline include a 1.5 billion hostile bid for the London Stock Exchange, the purchase of five chemical plants from Nitrochem Corporation in Canada and rumours that it is part of a consortium bidding for the US aircraft leasing business AWAS.
Macquarie has made a name for itself by using its balance sheet and fund raising capabilities to purchase strategic assets and then offload them into...
