GSAM acquires Macquarie-IMM

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SOUTH KOREA - Goldman Sachs Asset Management (GSAM) has agreed to acquire 100% of Macquarie-IMM Investment Management (Macquarie-IMM), a Korean asset management firm.

GSAM said it expected the transaction to close later this year, subject to regulatory approvals. The terms of the deal were not disclosed. Macquarie-IMM is 65% owned by Macquarie Investment M...

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