Dow announces partnership with macquarie asset management to launch diamond infrastructure solutions
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 $2.4 billion based on the initial transaction, with potential to receive up to approximately $3.0 billion in total diamond infrastructure solutions will leverage dow's operational excellence and macquarie asset management's world-leading infrastructure expertise to generate growth opportunities by opening access to dow's u.s. gulf coast sites to third party customers proceeds to be deployed towards higher value-creating growth investments midland, mich. , dec. 9, 2024 /prnewswire/ -- dow (nyse: dow) today announced 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, a leading global infrastructure and energy asset manager.
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