Dow finalizes strategic partnership with Macquarie Asset Management as an investor in Diamond Infrastructure Solutions, its dedicated infrastructure company
Dow sold an initial 40% equity stake in Diamond Infrastructure Solutions, a dedicated infrastructure company with assets across the U.S. Gulf Coast, to a fund managed by Macquarie Asset Management Macquarie Asset Management has an option to increase its equity stake to 49% within six months of closing Dow received initial cash proceeds of approximately 3.0 billion in total if the option is exercised Proceeds will be used to support Dow's balanced ...