Macquarie Asset Management announces partnership with Dow to launch Diamond Infrastructure Solutions [Yahoo! Finance]
Dow Inc. (DOW)
Last dow inc. earnings: 4/30 06:00 am
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Source: Yahoo! Finance
generate growth opportunities by opening access to Dow's U.S. Gulf Coast sites to third party customers A fund managed by Macquarie Asset Management to acquire an initial 40% stake in select Dow U.S. Gulf Coast infrastructure assets with an option to increase its equity stake to 49% within six months of closing Dow is expected to receive initial cash proceeds of approximately $US2.4 billion based on the initial transaction, with potential to receive up to approximately $US3.0 billion in total NEW YORK, December 09, 2024 BUSINESS WIRE )--Macquarie Asset Management today announced that a fund managed by Macquarie Asset Management has entered into a definitive agreement to acquire a 40% equity stake in select U.S. Gulf Coast infrastructure assets of Dow Inc. ("Dow") (NYSE: DOW). This new partnership, Diamond Infrastructure Solutions ("Diamond"), will be a specialist infrastructure provider to Dow and other industrial customers at its five locations in Texas and Louisiana, offerin
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