Macquarie completes Maple InvIT stake buyout

Macquarie has completed its purchase of the remaining stake in Maple InvIT, a type of investment trust. This move gives Macquarie control over Maple's investment manager and project manager, which it now jointly holds with La Caisse. The deal is significant for the Indian market, as it demonstrates Macquarie's continued interest in the country's infrastructure investment trusts.

Why it matters

The completion of Macquarie's stake buyout in Maple InvIT is a corporate development with limited market implications. It may have some impact on the investment manager's strategy.

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