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Bidders Line Up to Buy Macquarie’s $3.6-Billion Industrial Gas Firm ...Middle East
Investment firms Brookfield Asset Management and KKR could be potential bidders to buy South Korea’s third-biggest industrial gas supplier, DIG Airgas, from Macquarie Asset Management in a transaction that could be worth up to $3.6 billion, Reuters reported on Tuesday, citing sources familiar with the development. Earlier this year, Macquarie put DIG Airgas up for sale and has already hired JP Morgan and Goldman Sachs to manage the sale. The seller expects to receive non-binding bids for the industrial gas company as soon as this month, according…
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