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BRIEF-Dow Announces Partnership With Macquarie Asset Management To Launch Diamond Infrastructure Solutions
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BRIEF-Dow Announces Partnership With Macquarie Asset Management To Launch Diamond Infrastructure Solutions
Dec 9, 2024 3:37 AM

Dec 9 (Reuters) - Dow Inc ( DOW ):

* DOW ANNOUNCES PARTNERSHIP WITH MACQUARIE ASSET MANAGEMENT

TO

LAUNCH DIAMOND INFRASTRUCTURE SOLUTIONS

* DOW INC ( DOW ): A FUND MANAGED BY MACQUARIE ASSET MANAGEMENT TO

ACQUIRE

AN INITIAL 40% STAKE IN SELECT DOW U.S. GULF COAST

INFRASTRUCTURE ASSETS

* DOW INC ( DOW ): UNDER PARTNERSHIP, FUND MANAGED BY MACQUARIE

ASSET

MANAGEMENT HAS OPTION TO INCREASE ITS EQUITY STAKE TO 49% WITHIN

SIX MONTHS OF CLOSING

* DOW INC ( DOW ) - TO RECEIVE $2.4 BILLION FROM INITIAL TRANSACTION

* DOW INC ( DOW ): POTENTIAL TO RECEIVE UP TO APPROXIMATELY $3.0

BILLION

IN TOTAL FROM PARTNERSHIP

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