Macquarie Becomes Australia’s No. 2 Arranger After Gold Deal

Macquarie Group Ltd. has vaulted to second place for dealmaking in Australia and New Zealand after advising on gold miner Northern Star Resources Ltd.’s acquisition of Saracen Mineral Holdings Ltd. this week.

The Australian investment bank’s market share rose to about 14.7% and surpassed rivals including UBS Group AG and BofA Securities with the deal, according to data compiled by Bloomberg

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