Business
Macquarie (ASX:MQG) to earn $1 billion from a company you never heard of – Motley Fool Australia
The Millionaires’ Factory invested in a little-known software maker 9 years ago. Now it’s about to list on the ASX.
The Macquarie Group Ltd (ASX: MQG) share price sunk more than 5.6% this week after it downgraded its outlook.
But analysts are still bullish on the stock because of a looming payday.
The investment bank owns a substantial part of an Australian unicorn. And that technology company is headed towards an initial public offering in the coming months.
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