Macquarie Infrastructure Partners VI Exercises Option to Increase Equity Stake in Diamond Infrastructure Solutions to 49%
(NYSE:DOW) NEW YORK--(BUSINESS WIRE)--Macquarie Asset Management today announced that Macquarie Infrastructure Partners VI (“MIP VI”), an unlisted infrastructure fund managed by Macquarie Asset Management has exercised the previously announced option to acquire an additional 9% equity stake in select U.S. Gulf Coast infrastructure assets of Dow Inc. (“Dow”) (NYSE: DOW). This brings MIP VI’s total equity stake in Diamond Infrastructure Solutions (“Diamond”) to 49%. Diamond is a specialist infrastructure pr
Related Questions
How will the increased 49% equity stake in Diamond Infrastructure Solutions affect Dow Inc.'s valuation and share price?
What are the potential implications of this transaction for Dow's future capital allocation and dividend policy?
How does this move position Macquarie Infrastructure Partners VI relative to other investors in the U.S. Gulf Coast infrastructure sector?