Macquarie Infrastructure Partners IV is a Infrastructure fund managed by Macquarie Asset Management. https://www.businesswire.com/news/home/20210907005547/en/, Media Cincinnati Bell: After submitting your request, you will receive an activation email to the requested email address. It invests USD 100 million to USD 600 . MIC Announces Completion of Merger with Argo Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. The pursuit of strategic alternatives has generated proceeds of $52.50 or a 36% premium to the MIC equity price prior to our announcement of the pursuit of strategic alternatives. Macquarie backs LRS, ramping it up for even more Midwest expansion This page is not available in other languages. PORTSMOUTH, N.H., Feb. 12, 2019 /PRNewswire/ -- Macquarie Infrastructure Partners ("MIP") and Wheelabrator Technologies Inc. ("Wheelabrator") announced today that MIP, acting through one of its . The forward-looking events discussed may not occur. According to documents filed with the regulator, the new owner does not anticipate any changes to the operation of either railroad . Email regional contact, Asia The Transaction price of $15.50 per share of Cincinnati Bell common stock represents a 101% premium to the closing per share price of $7.72 on December 20, 2019, the last trading day prior to the date when Cincinnati Bell's original merger agreement with Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) ("Brookfield") was executed, a 172% premium to the 60-day volume weighted average price up to and including December 20, 2019 and a 7% premium to Brookfield's prior binding agreement to acquire the Company. Macquarie Infrastructure Partners (MIP) and Wheelabrator Technologies Inc. just announced that MIP, acting through one of its managed funds, has completed the purchase of Wheelabrator from funds . [2], MIC Hawaii (formerly Hawaii Gas) is a wholly owned subsidiary of Macquarie Infrastructure Corporation, founded in 1904. Cincinnati Bell, along with Macquarie Infrastructure Partners, initially announced their agreement in March 2020, a handful of months after Cincinnati Bell had received an initial offer, a $2.6 . It is based on information generally available to the public and does not contain any material, nonpublic information. If you experience any issues with this process, please contact us for further assistance. Learn more about MKIF. All statements, other than statements of historical facts, are statements that could be deemed forward-looking statements. You must click the activation link in order to complete your subscription. Macquaries purchase of these assets is a vote of confidence in Stewards operational experience and its track record of delivering value for its stakeholders, employees, patients, communities, and partners over the long term.. Cincinnati Bell sold to Macquarie Infrastructure Partners, taking For unit price, resources and distributions, Macquarie Infrastructure Holdings, LLC (formerly Macquarie Infrastructure Corporation). Information about Cincinnati Bell's directors and executive officers is set forth in Cincinnati Bell's Proxy Statement on Schedule 14A for its 2019 Annual Meeting of Shareholders, which was filed with the SEC on March 19, 2019, and its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, which was filed with the SEC on February 24, 2020. In connection with the closing of the Transaction, effective today, trading of Cincinnati Bells common shares has been suspended on the New York Stock Exchange (the NYSE) and Cincinnati Bell has requested that its common shares be delisted from the NYSE. All securities and financial products or instrument transactions involve risks. [9] The company also provides support services, such as design, procurement, and construction management of retrofit and grassroots facilities in petrochemical and chemical storage facilities; inventory management; tank leasing; packaging; and heating, blending, and product services. Level 14, DLF Building 9B, DLF Phase III, Tower C Floors 3 and 4, Tower C, Phase III, Macquarie Infrastructure and Real Assets (Hong Kong) Limited, PT Macquarie Commodities Indonesia (previously Macquarie Commodities (Singapore) Private Limited - Indonesia Representative Office). Macquarie Asset Management provides specialist investment solutions to clients across a range of capabilities including infrastructure and renewables, real estate, agriculture, transportation . Medical Properties Trust and Macquarie Infrastructure Partners V Enter The company is headquartered in New York City. With headquarters in Cincinnati, Ohio, Cincinnati Bell Inc. (NYSE: CBB) delivers integrated communications solutions to residential and business customers over its fiber-optic and copper networks including high-speed internet, video, voice and data. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Energy Capital Partners is a private equity and credit investment firm with ~$19 billion in capital commitments. [10] Macquarie Infrastructure Group purchased 50 percent stake in 2006, and assumed full ownership in 2014.[11]. This button displays the currently selected search type. No information set out above constitutes advice, an advertisement, an invitation, a confirmation, an offer or a solicitation, to buy or sell any security or other financial, credit or lending product or to engage in any investment activity, or an offer of any banking or financial service. More news. Follow the links to find the logins youre looking for: New York, This site may contain links to other websites operated or owned by entities that are not controlled or owned by Macquarie Group (Macquarie). The Transaction, which was originally announced on March 13, 2020, was approved by Cincinnati Bells shareholders on May 7, 2020. MAM provides specialist investment solutions to clients across a range of capabilities including infrastructure & renewables, real estate, agriculture, transportation finance, private credit, equities, fixed income, and multi-asset solutions. Monday, April 29, 2019. Macquarie Aircraft Leasing Services (US), Inc. Macquarie Investment Advisory (Beijing) Co., Ltd. Macquarie Global Services Private Limited. On January 11, 2006, the AvPorts division was merged into the Atlantic division. MBL does not guarantee or otherwise provide assurance in . Email regional contact, Europe, Middle East and Africa Cincinnati Bell Acquired In $2.9B Private Equity Fiber, IT Services MIC's actual results, performance, prospects or opportunities could differ materially from those expressed in or implied by the forward-looking statements. Cincinnati Bell Inc. To Be Acquired By Macquarie Infrastructure Partners In $2.9 Billion Transaction, http://www.prnewswire.com/news-releases/cincinnati-bell-inc-to-be-acquired-by-macquarie-infrastructure-partners-in-2-9-billion-transaction-301022940.html. MIRA is one of the world's leading alternative asset managers and a highly experienced investor in the communications infrastructure industry. Macquarie Asset Management. Engage with teams at Canonical, the open source community and partners; Work from home with . Level 32, South Tower, 80 Collins Street, Macquarie Bank Limited Representative Office. mic@macquarie.com, Lee Lubarsky One of his achievements includes the establishment of Australia's first bank and introduction of its first domestic coinage in 1813, the Holey dollar. Macquarie secures 20 years of shipping business after $1.8bn deal Inclusion of a link to a third party site should not be construed as that party's endorsement of this site. July 27 (Reuters) - Macquarie Group Ltd's MQG.AX asset management division has raised $6.9 billion for its latest fund dedicated to investing in North American infrastructure, well over its $5 billion target, the Australian bank told Reuters on Tuesday. MBL does not guarantee or otherwise provide assurance in respect of the obligations of MIC. Orient Overseas (International) Limited announced the sale for $1.78 billion of Long Beach Container Terminal to a consortium led by Macquarie Infrastructure Partners. Tel: (513) 565-0310 Readers are cautioned that these forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause actual results to differ materially and adversely from those reflected in the forward-looking statements. Email regional contact, Americas Tunnel Hill Partners, the self-described "largest integrated waste-by-rail company" in the country, has been acquired by a Macquarie Infrastructure Partners (MIP) fund through a leveraged buyout. All securities and financial products or instrument transactions involve risks. Macquarie Infrastructure Partners has been an active acquirer in the U.S. data center market, . 2015 - Ceres and YTI operate under one single management group with Macquarie Infrastructure Partners (MIP) taking a partnership stake with NYK. By clicking Agree & Join, you agree to the LinkedIn, You can save your resume and apply to jobs in minutes on LinkedIn. +1 (212) 231 1825 ", "Given the significant investment that the Company has made into its fiber network, Cincinnati Bell represents a truly differentiated platform compared to other network providers," said Karl Kuchel, Chief Executive Officer of MIP. Macquarie Infrastructure Partners V (MIP V) an Americas-focused unlisted infrastructure fund managed by Macquarie Asset Management, today announced that it has entered into an agreement with Medical Properties Trust, Inc. (MPT) (NYSE: MPW) to form a partnership pursuant to which a MIP V controlled subsidiary will acquire a 50 per cent interest in a portfolio of eight Massachusetts-based general acute care hospitals currently owned by MPT and operated by Steward Health Care System (Steward). Actual results may differ materially and adversely from those expressed in any forward-looking statements. At Cincinnati Bell Inc, we promise to treat your data with respect and will not share your information with any third party. Fiber is the Future. Fund Category. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. We create positive social impact by empowering people to innovate and invest for a better future. Macquarie Infrastructure Partners Inc. Macquarie Capital (USA) Inc. Macquarie Americas Corp. +1 212 231 1000: 420 South Orange Avenue, Suite 190, Orlando, Florida, 32801 USA Get directions 100 S Independence Mall W, Philadelphia, PA 19106, USA Get directions 4747 Executive Drive, Suite 1350, San Diego, CA 92121, USA Get directions: Delaware . Cincinnati Bell Inc. Announces Completion of Acquisition by Macquarie Macquarie Infrastructure (MIC) Stock Forecast, Price & News Our Real Assets division manages over $92 billion of equity across its infrastructure, green investments, and natural assets platforms. Past performance of any product described on this site is not a reliable indication of future performance. MIC or Macquarie has no control over the information on these sites or the products or services on them, and therefore makes no representations regarding the accuracy or suitability of the information, services, or products described on them. Macquarie is a global financial services group operating in 31 markets in asset management, retail and business banking, wealth management, leasing and asset financing, market . chibuike.oguh.thomsonreuters.com@reuters.net, Do Not Sell My Personal Information (CA Residents Only). Macquarie Group Limited and its related corporations are not otherwise currently authorized to accept deposits or conduct banking business in any other jurisdiction. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Macquarie Infrastructure Partners serves clients worldwide. Macquarie Infrastructure Partners V (the fund behind MIP V Waste) closed with $6.9 billion in investments in July and plans to pursue "high-quality infrastructure assets" in multiple sectors, including waste management. MIC is managed by Macquarie Infrastructure Management (USA) Inc. (MIMUSA), which is also one of MIC's largest shareholders.
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