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Macquarie tunes into radio

Macquarie Bank, Australia's largest investment bank, today said it plans to raise up to A$996m (€637.3m) by floating a new media fund.

Macquarie Equity Capital Markets, a division of the bank, will act as sole bookrunner and co-lead manager of the offer. ABN Amro Rothschild, JP Morgan and UBS are the other co-lead managers.

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