Linklaters Represents Dow in $540 Million Investment by Macquarie Asset Management in Diamond Infrastructure Solutions

Linklaters is advising Dow (NYSE: DOW) on an additional $540 million investment by Macquarie Asset Management in Diamond Infrastructure Solutions, raising its minority equity stake from 40% to 49%. The additional transaction brings Dow's total proceeds from the transaction to approximately $3 billion. Dow and Macquarie Asset Management will drive the growth of Diamond Infrastructure Solutions through a wide range of services across sectors — including energy, environment, infrastructure and pipelines — to more than 70 existing and new customers, while Dow continues to maintain operational control as the majority owner of Diamond.

Click here for Dow's press release.
 
The Linklaters team representing Dow in this transaction is led by George Casey, Global Chairman of Corporate and Chairman of the Americas, Heiko Schiwek, Global Leader of the Chemicals Sector and Co-Head of U.S. M&A, Gregory Gewirtz, M&A Partner, Yiting Du, M&A Counsel, Wendy Suh, M&A Counsel, and Michael Lomtevas, M&A Associate, all based in New York. 
 
The team has been working with Dow on all aspects of the transaction over several years, starting with helping develop the concept and structure of a standalone infrastructure business, structuring and implementing the carve-out and stand-up of the business and negotiating the definitive agreement and carve-out commercial agreements with Macquarie.