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    Home»Deals & Transactions»Macquarie Infrastructure agrees to sell MIC Hawaii unit
    Deals & Transactions

    Macquarie Infrastructure agrees to sell MIC Hawaii unit

    June 20, 20211 Min Read
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    Macquarie Infrastructure Corp (MIC) said late on Monday it signed a deal to sell its MIC Hawaii unit to an affiliate of investment manager Argo Infrastructure Partners.

    The development comes a week after MIC announced plans to sell its private aviation services network Atlantic Aviation.

    “The terms of the merger agreement correspond to an enterprise value for MIC Hawaii of $514 million including assumed debt and transaction costs”, MIC said in a statement.

    Read more/Source: Reuters 

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