Business
Nuix share price collapse hurts Macquarie’s brand – The Australian Financial Review
The IPO of data analytics company Nuix delivered a $564 million payday to Macquarie, but it has come at some cost to its reputation.
Did Macquaries bankers push the Nuix float too hard? How were the conflicts of interest involved in the deal managed by Macquarie?
Are there lessons to be gained from examining a situation where Macquarie was the controlling shareholder, a long-standing adviser to Nuix, and joint lead manager of the IPO?
Were the lawyers, accountants and other advisers to the IPO made aware of the issues raised on Monday when The Australian Financial Review, The Sydney Morning Herald and The Age published revelations…
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