Australia's Macquarie says no acquisitions on horizon

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SYDNEY | Thu Oct 29, 2009 8:32pm EDT

SYDNEY Oct 30 (Reuters) - Macquarie Group Ltd (MQG.AX), Australia's largest investment bank, has no material acquisitions on the immediate horizon, Chief Executive Nicholas Moore told analysts at a briefing on Friday.

Moore was responding to a question on whether Macquarie would deploy some of its excess capital to pursue acquisitions.

For an earlier story: [ID:nSYD521168]. (Reporting by Morag MacKinnon;)

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