Nomura and Macquarie announced that they have entered into an agreement for Nomura to acquire Macquarie’s U.S. and European public asset management business, with approximately $180 billion in retail and institutional client assets across equities, fixed income and multi-asset strategies.
Under the terms of the agreement, Nomura will acquire 100 percent of the stock of three companies that operate Macquarie's U.S. and European public asset management business for an all-cash purchase price of $1.8 billion. The transaction is targeted to close by the end of the calendar year, subject to customary closing conditions and regulatory approvals.
Nomura has identified global asset management as a key strategic growth priority for the organization. Through this transaction, Nomura will significantly expand the global capabilities and client footprint of its investment management division, which currently manages approximately $590 billion in client assets. Upon completion, t
