Dow Inc. (NYSE:DOW) shares are trading higher on Monday. The company entered into a definitive agreement to sell a 40% equity stake in select U.S. Gulf Coast infrastructure assets to a fund managed by Macquarie Asset Management. Dow anticipates initial cash proceeds of approximately $2.4 billion from the sale of its 40% equity stake, with potential proceeds reaching up to $3.0 billion if Macquarie Asset Management exercises its option to increas…

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Dow Partners With Macquarie In Gulf Coast Infrastructure Play, Retains Strategic Control - Dow (NYSE:DOW)

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Diamond Infrastructure Solutions will leverage Dow’s operational excellence and Macquarie …

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Macquarie Asset Management announces partnership with Dow to launch Diamond Infrastructure Solutions – Oil & Gas 360News Story – QuoteMedia Market Data Solutions

Macquarie Asset Management is buying an initial $3.7 billion stake in US Gulf Coast pipeline and related assets owned by Dow.

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Macquarie buys up $3.7b of US Gulf energy assets

Dow Inc. (NYSE:DOW) shares are trading higher on Monday. The company entered into a definitive agreement to sell a 40% equity stake in select U.S. Gulf Coast infrastructure assets to a fund managed by Macquarie Asset Management.
Dow anticipates initial cash proceeds of approximately $2.4 billion…

BizToc

Dow Partners With Macquarie In Gulf Coast Infrastructure Play, Retains Strategic Control

Dow is selling a 40 percent equity stake in some of its infrastructure assets to an Australian management fund, including some assets at its Freeport site, the company announced.

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Dow sells stake in Freeport assets

The transaction was a step in Dow's effort to evaluate its ownership of assets across its global portfolio, the company said Tuesday.

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Dow sells equity stake of Texas City operations in $2.4B deal

Macquire and Dow launch Diamond Infrastructure Solutions to service Dow manufacturing sites along the Gulf Coast in a $2.4 billion deal.

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Dow Sells Stake in Gulf Infrastructure Assets to Begin Partnership with Macquarie

Dow announced today that it has “entered into a definitive agreement to sell a 40% equity stake in select U.S. Gulf Coast infrastructure assets to a fund managed by Macquarie Asset Management”, according to a company press release.  “Today’s announcement demonstrates Dow’s ongoing commitment to value maximizing actions across our portfolio,” said Jim Fitterling, CEO and Chair of Dow. “This transaction further strengthens our financial flexibilit…

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Dow to sell 40% stake to Macquarie Asset Management - CEO North America

Macquarie Asset Management announces new partnership with Dow, forming Diamond Infrastructure Solutions, a venture focused on managing and expanding key US Gulf Coast infrastructure assets, including pipelines.

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Macquarie Asset Management announces partnership with Dow to launch Diamond Infrastructure Solutions

Assets to be included in a newly-created partnership, Diamond Infrastructure Solutions, involve power and steam production, pipelines and general industrial site infrastructure in Freeport and Seadrift, in Texas and Plaquemine and St. Charles in Louisiana, along with pipeline and storage assets adjacent to NGL and olefin hubs. The post Macquarie to pay $2.4B for 40% stake in Dow Gulf Coast assets; Sidley, Linklaters advise appeared first on The …

Dow Partners With Macquarie In Gulf Coast Infrastructure Play, Retains Strategic Control - Dow (NYSE:DOW)

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