Macquarie Group is out of bidding for Canwest assets obviously. Australian Securities Exchange and Securities Commission of New Zealand, and SEC Canada United.
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Macquarie Group held back purchase of Ten orchestrated the default on Sept15 of the 8% percent notes.
http://www.google.ca/search?q=Macquarie+Group~canwest&rls=com.microsoft:en-us&ie=UTF-8&oe=UTF-8&startIndex=&startPage=1&redir_esc=&ei=RTi9S6vcI4bmswPqy6HMBQ
http://www.crikey.com.au/2009/09/24/macquarie-emerges-from-the-pack-to-save-ten/
http://www.macquarie.com.au/au/about_macquarie/investor_information/annual_reports.htm
http://www.smh.com.au/business/debtridden-canwest-sells-majority-stake-in-ten-network-20090924-g4q8.html
Quote, "[T]he sale to institutional investors, rather than a large proprietary buyer, would benefit the company. ''It deals with the CanWest overhang, injects more liquidity and means management no longer makes decisions around accommodating special interests,'' he said (the latter in reference to a recent capital-raising designed to keep CanWest's majority stake intact).
The sale brings to an end a saga that began in October 2006, when CanWest, which owns a TV network and several newspapers in Canada, put its stake in Ten up for sale. It called off the sale process nine months later after failing to find a buyer willing to meet its rumoured price tag of $3.10 a share. Private equity firms had bid $2.90 a share.
In August, Ten sold 120 million new shares at $1.15 apiece in a $138 million capital-raising underwritten by Macquarie Capital. CanWest's decision not to participate diluted its stake from 56.6 per cent to 50.1 per cent."
Quote, "March 12 (Bloomberg) -- Onex Corp. and Macquarie Group’s Canadian unit are among the bidders for insolvent Canwest Global Communications Corp.’s newspaper business.
The Asper family, which had controlled Canwest, is part of a group led by Michael and Aaron Serruya, founders of Cool Brands International Inc., also bidding for the business, the Post said. Macquarie Capital Markets Canada Ltd., a unit of the Australian bank, is part of the Asper bid, the paper said. Cool Brands has committed C$150 million ($148 million) and Macquarie put up C$40 million toward their bid, the Post said
