M&A
confidence high
sentiment positive
materiality 0.85
Dow sells 40% stake in Gulf Coast infrastructure to Macquarie Asset Mgmt for ~$2.4B
DOW INC.
- Initial cash proceeds of ~$2.4B; Macquarie can increase stake to 49% for up to ~$3.0B total.
- Transaction expected to close in first half 2025, subject to regulatory approvals.
- Diamond Infrastructure Solutions will serve Dow and third-party customers at five Dow U.S. Gulf Coast sites.
- Dow retains majority control; proceeds to be deployed toward higher-value growth investments.