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Australia's Macquarie Q3 profit from market-facing businesses rises

Feb 9 (Reuters) - Australian investment conglomerate Macquarie Group on Tuesday said third-quarter profit contribution from its market-facing businesses rose significantly, helped by the partial sale of a data analytics firm through an initial public offering.

The country’s largest investment bank and asset manager, however, said the group’s full-year results are expected to be slightly lower than in fiscal 2020 due to uncertain market conditions. (Reporting by Nikhil Kurian Nainan and Rashmi Ashok in Bengaluru; Editing by Ramakrishnan M.)

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