---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-110029"
form_type: "8-K"
ticker: "DOW"
cik: "0001751788"
company_name: "DOW INC."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:49:56.946910+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Dow closes $2.4B sale of 40% stake in Diamond Infrastructure to Macquarie

## Summary
- Sold 40% equity stake in Diamond Infrastructure Solutions to a Macquarie Asset Management fund.
- Initial cash proceeds of ~$2.4B; Macquarie can increase stake to 49% within 6 months for additional ~$600M.
- Total potential proceeds of ~$3.0B if option is exercised; proceeds to support balanced capital allocation.
- Dow retains majority control; Diamond was formed in 2023 and announced Dec 2024 as dedicated infrastructure company.
- Citi and Goldman Sachs acted as financial advisors; Linklaters provided legal support.

## SEC filing metadata
- accession: 0001193125-25-110029
- form_type: 8-K
- ticker: DOW
- cik: 0001751788
- company_name: DOW INC.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751788/000119312525110029/0001193125-25-110029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29915/000119312525110029/d941599d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-110029
- JSON: https://secwatch.observer/filing/0001193125-25-110029.json
- Plain text: https://secwatch.observer/filing/0001193125-25-110029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.