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Macquarie Said to Be Weighing Sale of Stake in S'pore Storage Terminal
The Straits Times
|July 10, 2025
Macquarie Group's asset management arm is considering selling its 50 per cent stake in a petrochemical storage terminal in Singapore's Jurong Island, according to people familiar with the matter.
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Macquarie Asset Management is working with a financial adviser on the potential disposal of the stake in Advario Singapore Chemical, which may attract interest from infrastructure-focused funds and industry players, the people said. A stake sale could fetch several hundred million dollars, the people said.
Sale considerations are at a preliminary stage and no final decisions have been made, they added.
Denne historien er fra July 10, 2025-utgaven av The Straits Times.
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FLERE HISTORIER FRA The Straits Times
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