Oppenheim acquisition close for Macquarie

There is fresh speculation of a purchase by Macquarie Group of select investment banking assets of Sal. Oppenheim, a privately owned banking group based in Luxembourg.

Reuters reported that the banks were poised to sign a deal within days. Dow Jones reported last week that the assets being bought are the capital markets business of Oppenheim. The wire service reports do not mention the assets and liabilities involved or a likely price for the purchase.

Deutsche Bank is already finalising the purchase of the wealth management business of Oppenheim.