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Nuix turmoil throws spotlight on Macquarie
Fresh details have emerged of the bankâs role in the tech companyâs IPO, amid a witch-hunt to find the source of internal leaks.
Nuix was the hottest IPO of 2020. Today the share price is down 70 per cent from January and the company is conducting a hunt for leakers.
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May is the golden month for Macquarie Group, when it celebrates its yearly results and quietly rewards its brightest stars with seven- and eight-figure bonuses amid general acclaim. This year, not so much.
Instead of a victory lap, Macquarie is facing uncomfortable questions about the windfall profits it made when it listed glamour tech company Nuix last December.
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