Macquarie Asset Management to acquire an additional 9% stake in US Gulf Coast infrastructure assets of Dow for $540m.

Macquarie Asset Management, a financial services firm, agreed to acquire an additional 9% stake in US Gulf Coast infrastructure assets of Dow, a materials science company, for $540m. "In the four months since the joint venture between MAM and Dow was established, Diamond has established itself as an independent company focused on delivering world class infrastructure services and has already attracted a number of new unaffiliated customers. We are thrilled to have the opportunity to increase our investment in Diamond as it grows its presence as the premier chemical park operator in North America," Ben Way, Macquarie Asset Management Global Head.