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Dow Chemical sold more stake in Diamond Infrastructure Solutions to Macquarie, raising its investment to 49%.
Dow Chemical sold an additional 9% stake in its venture, Diamond Infrastructure Solutions, to Macquarie Asset Management for $540 million, raising Macquarie's stake to 49%.
Dow has now received about $3 billion from these transactions, aiming to focus more on its core business.
The venture provides infrastructure services to Dow and other industrial customers in the US Gulf Coast.
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Dow Chemical vendió más participación en Diamond Infrastructure Solutions a Macquarie, elevando su inversión al 49%.