Australia’s Macquarie Group will acquire U.S. boutique investment bank, Regal Capital Advisors, The Wall Street Journal reports. As per the deal, the California-based firm will merge into Macquarie’s U.S. operations in the first half of this year, adds Sydney Morning Herald. Regal is an advisor on mergers and acquisitions, capital raising, debt and equity placements and debt restructuring. The financial terms of the transaction were not disclosed.
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