The company had earlier filed for Chapter 11 Bankruptcy. Macquarie Korea Infrastructure Fund ("MKIF") is a leading infrastructure fund listed on the Korea Exchange. Prior performance is not a reliable indicator of future results. PORTSMOUTH, N.H., Feb. 12, 2019 /PRNewswire/ -- Macquarie Infrastructure Partners ("MIP") and Wheelabrator Technologies Inc. ("Wheelabrator") announced today that MIP, acting through one of its . Macquarie Korea Asset Management Co., Ltd. ("MKAM") is the sole external asset manager of MKIF pursuant to the Management Agreement signed by MKIF and MKAM. The fundraising was completed as U.S. lawmakers negotiate a plan to spend $1.2 trillion over five years on roads, bridges, ports and other public works projects, with some of the financing coming from private investors. Private Wealth Management Client Service Associate, Office Assistant (Facilities, Operations and HR), Nurse Practitioner or Physician Assistant - Oncology, Restaurant Manager - Boston Harbor City Cruises - The Odyssey, Field Engineer - Multifamily Construction, Customs Compliance (Free Trade Zone) Coordinator, See who Renesas Electronics has hired for this role, Florida Cancer Specialists & Research Institute, Express Employment Professionals - London, ON. Bhd. Call Us. Open Date. It stores and handles petroleum products, vegetable and tropical oils, renewable fuels, and various chemicals. It contains forward-looking statements. For more information, please visit www.cincinnatibell.com. The obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). 2018 - Texas Stevedoring was formed and begins operations in Houston, Texas. This site may contain links to other websites operated or owned by entities that are not controlled or owned by Macquarie Group (Macquarie). Create your Watchlist to save your favorite quotes on Nasdaq.com. 0000-00-00. We create positive social impact by empowering people to innovate and invest for a better future. "On behalf of the Ares Special Opportunities funds, we are excited to partner with two world class organizations in Cincinnati Bell and MIRA," said Scott Graves, Partner, Co-Head of Private Equity and Head of Special Opportunities. The official website for the company is www.macquarie.com. Cincinnati Bell will file a current report on Form 8-K with the U.S. Securities and Exchange Commission containing a summary of the terms and conditions of the proposed acquisition as well as a copy of the merger agreement. Cincinnati Bell and its directors, executive officers and other members of management and employees, under SEC rules, may be deemed to be "participants" in the solicitation of proxies from shareholders of Cincinnati Bell in favor of the proposed merger with MIRA. Australia and NewZealand Copy and paste multiple symbols separated by spaces. Get email updates for new Product Specialist jobs in Helsinki, Uusimaa, Finland. Terms were based on LRS having an estimated $290 . In addition, enterprise customers across the United States and Canada rely on CBTS and OnX, wholly owned subsidiaries, for efficient, scalable office communications systems and end-to-end IT solutions. 2019 - Macquarie acquires 100% of Ceres from NYK, making Ceres part of one of the Worlds largest port infrastructure groups. Follow the links to find the logins youre looking for: This information is a general description of the Macquarie Group only. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Macquarie Capital's Infrastructure Investment and Development team focuses on asset creation and stabilization opportunities within the digital infrastructure ecosystem, including towers, data centers, fiber, small cells and other related digital . You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. MBL does not guarantee or otherwise provide assurance in respect of the obligations of MIC. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Type a symbol or company name. These links have been provided solely for you to obtain further information about other relevant products and entities in the market. Macquarie Infrastructure Partners Inc. provides investment advisory services. Cincinnati Bell undertakes no, and expressly disclaims any, obligation to revise or update any forward-looking statements for any reason, except as required by applicable law. Macquarie Infrastructure Partners is based in New York and is part of the Sidney, Australia-based Macquarie Groups. You can sign up for additional alert options at any time. Macquarie purchased the terminal with other undisclosed co-investors. Questions regarding the redemption may be directed to the redemption agent at: Computershare Trust Company, N.A. This information is a general description of Macquarie Infrastructure Holdings, LLC (NYSE: MIC). Identify Distributor/Broad Market customers needs and develop & execute a localized marketing strategy. Tunnel Hill Partners, the self-described "largest integrated waste-by-rail company" in the country, has been acquired by a Macquarie Infrastructure Partners (MIP) fund through a leveraged buyout. We create positive social impact by empowering people to innovate and invest for a better future. CINCINNATI, March 13, 2020 /PRNewswire/ --Cincinnati Bell Inc. (NYSE:CBB) ("Cincinnati Bell" or "the Company"), together with Macquarie Infrastructure Partners ("MIP"), today announced an agreement through which a MIP-controlled subsidiary will acquire all outstanding shares of Cincinnati Bell for $15.50 per share in a cash transaction valued at approximately $2.9 billion, including debt (the "Transaction"). Lynn A. Wentworth, Chairman of the Cincinnati Bell Board of Directors, said, "After carefully evaluating MIP's revised offer, we are confident that this transaction is in the best interest of Cincinnati Bell and its shareholders. Cincinnati Bell Inc. Macquarie is a global financial services group operating in 31 markets in asset management, retail and business banking, wealth management, leasing and asset financing, market . The Australian firm is set to formally begin fundraising for the vehicle, known as Macquarie Infrastructure Partners VI, in coming months, said the people, who asked not to be identified . On January 11, 2006, the AvPorts division was merged into the Atlantic division. +1 (866) 867 6422. Cautionary Statement Regarding Forward-Looking Statements. Chibuike Oguh for Macquarie Group Limited and its related corporations are not otherwise currently authorized to accept deposits or conduct banking business in any other jurisdiction. According to documents filed with the regulator, the new owner does not anticipate any changes to the operation of either railroad . Energy Capital Partners is a private equity and credit investment firm with ~$19 billion in capital commitments. Click the link in the email we sent to to verify your email address and activate your job alert. "Macquarie Infrastructure Corporation (MIC)", "The holey dollar: a symbol of innovation", "Macquarie Infrastructure Company Reports 2004 Results", "Macquarie Infrastructure Company Completes Sale of Airport Management Contracts", "Macquarie Infrastructure Company's Airport Parking Business", "Company Overview of International-Matex Tank Terminals, Inc", "Macquarie to Buy Rest of International-Matex for $1 Billion", https://en.wikipedia.org/w/index.php?title=Macquarie_Infrastructure_Corporation&oldid=1147948300, Atlantic Aviation, IMTT, MIC Hawaii, CP&E, This page was last edited on 3 April 2023, at 05:39. Macquarie Infrastructure Partners Inc. Macquarie Capital (USA) Inc. Macquarie Americas Corp. +1 212 231 1000: 420 South Orange Avenue, Suite 190, Orlando, Florida, 32801 USA Get directions 100 S Independence Mall W, Philadelphia, PA 19106, USA Get directions 4747 Executive Drive, Suite 1350, San Diego, CA 92121, USA Get directions: Delaware . We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. MIP is an investment fund managed by Macquarie Infrastructure and Real Assets (MIRA). We are excited to enter into this partnership with MPT, said Karl Kuchel, Chief Executive Officer of Macquarie Infrastructure Partners. The Transaction, which was originally announced on March 13, 2020, was approved by Cincinnati Bells shareholders on May 7, 2020. A career at Macquarie means you'll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the worldwhether it's accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. Some products and/or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions. In addition, IMTT offers intra-company rail service flexible blending and transfer, customer waterfront, economical heating, petroleum reserve, and drum filling services. Past performance of any product described on this site is not a reliable indication of future performance. Some recent deals include the $2.9 billion acquisition of telecoms firm Cincinnati Bell Inc CBB.N and the acquisition of Utah-based renewable energy company Cyrq Energy Inc for an undisclosed amount. Together with improvements in safety and financial performance, and the reduction in the environmental impact of each of our portfolio businesses, a broad range of stakeholders has benefitted under our stewardship.. investorrelations@altafiber.com. Payment for the Depositary Shares will be made by Computershare Trust Company, N.A., as redemption agent. The forward-looking events discussed may not occur. This press release does not constitute an advertisement or an offer to sell any security or the solicitation of any offer to buy an interest in MIP or any existing or future fund or investment vehicle managed or advised by MAM and/or its affiliates or any other security. Email regional contact, Europe, Middle East and Africa Macquarie's logo is a stylized version of Holey dollar coin. Establish close relationship with Distributors Sales and Marketing organizations, executing Marketing plans leveraging Distributors marketing vehicles, driving regionalization. MIRA is one of the world's leading alternative asset managers and a highly experienced investor in the communications infrastructure industry. Create regular reports and present/share with internal stakeholders and distribution partners ; . Level 14, DLF Building 9B, DLF Phase III, Tower C Floors 3 and 4, Tower C, Phase III, Macquarie Infrastructure and Real Assets (Hong Kong) Limited, PT Macquarie Commodities Indonesia (previously Macquarie Commodities (Singapore) Private Limited - Indonesia Representative Office). Our Real Assets division manages over $92 billion of equity across its infrastructure, green investments, and natural assets platforms. Macquarie Infrastructure Partners has been an active acquirer in the U.S. data center market, . These documents may be obtained free of charge from the sources indicated above. [7][8], International-Matex Tank Terminals (IMTT), founded in 1939 and based in New Orleans, Louisiana, is the owner of the largest bulk storage terminal businesses in the United States. Outside USA, US territories & Canada: (781) 575-2765. For more than two decades, MIRA has partnered with investors, governments and communities to manage, develop and enhance assets relied on by more than 100 million people each day. Cincinnati Bell also announced that, in connection with the completion of the Transaction, it will redeem all of its issued and outstanding 6 3/4% Cumulative Convertible Preferred Shares, without par value (the 6 3/4% Preferred Shares), and the corresponding depositary shares, each representing a one-twentieth interest in a 6 3/4% Preferred Share (the Depositary Shares) (NYSE: CBB.PRB). Contribute and meet Design-in & Revenue growth targets. This underscores the robust and disciplined process that we executed to ensure immediate and maximum value creation for our shareholders. While a new recession may strike a particular industry, measuring . The conglomerate can be reached via phone at (212) 231-1000, via email at mic@macquarie.com, or via fax at 212-231-1828. Level 32, South Tower, 80 Collins Street, Macquarie Bank Limited Representative Office. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Words such as "expects," "anticipates," "predicts," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "endeavors," "strives," "will," "may," "proposes," "potential," "could," "should," "outlook," or variations of such words and similar expressions are intended to identify such forward-looking statements. 1 For Macquarie Asset Management (MAM) Private Markets, AUM represents the enterprise value of assets under management in the stated currency based on enterprise value in proportion to the MAM Private Markets-managed equity ownership of each investment, calculated as proportionate net debt and equity value at most recent valuation date (30 September 2021 for the majority of assets). We offer our investors a track record of unbroken profitability. +1 (212) 231 2638 Orient Overseas (International) Limited announced the sale for $1.78 billion of Long Beach Container Terminal to a consortium led by Macquarie Infrastructure Partners. It targets commercial services, infrastructure, industrials and utilities sectors. Before acting on any information, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice. Tunnel Hill Partners, the parent company of various operating subsidiaries, has as its investor a fund managed by a member of Macquarie Infrastructure and Real Assets (MIRA). The MIP funds now span 18 years and multiple economic cycles - we really think this is our sweet spot, focusing on similar risk-profile assets and sectors," Macquarie Infrastructure Partners Chief Executive Karl Kuchel said in an interview. It is based on information generally available to the public and does not contain any material, nonpublic information. Unitholders of the Company will receive merger consideration of $4.11 per unit in cash as . Other members of the Macquarie Group are subject to regulation in the regions in which they operate. Philadelphia, Pennsylvania . 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These symbols will be available throughout the site during your session. Under the terms of the merger agreement providing for the Transaction, a controlled subsidiary of MIP was merged with and into Cincinnati Bell, with Cincinnati Bell surviving the merger as a controlled subsidiary of MIP. T: +61 2 8232 2336 Announces Completion of Acquisition by Macquarie Infrastructure Partners V, Redemption of 6 3/4% Cumulative Convertible Preferred Shares, https://www.businesswire.com/news/home/20210907005547/en/. [9] The company also provides support services, such as design, procurement, and construction management of retrofit and grassroots facilities in petrochemical and chemical storage facilities; inventory management; tank leasing; packaging; and heating, blending, and product services. From its inception in Birmingham, Alabama, the Company has grown to become one of the worlds largest owners of hospitals with 443 facilities and roughly 47,000 licensed beds (on a pro forma basis) in nine countries and across four continents. On January 1, 2009, AvPorts was sold to Aviation Facilities Company, Inc. Orient Overseas (International) Limited (OOIL) said it had sold 100 percent of Long Beach Container Terminal (LBCT) for $1.78 billion to a . Level 6, 7, part of Level 8, 825 Ann Street, Business Banking Only - Cheque Collections & Cheque Deposit Office. Further information can be found on this website or by contacting us. Work with Distributor Account Managers to review/assess quarterly marketing plans and adjust as needed. "We look forward to partnering with the Pavlov Media management team to support the future growth of the . MIP exhibits deep telecommunications expertise and a strong track record of investing in capital intensive businesses, which will be critical as we deliver on our strategy to drive next generation, integrated communications through an expanded fiber network as well as our IT services platform. MIP is a fund managed by . MBL does not guarantee or otherwise provide assurance in . About Macquarie Infrastructure Partners MIP is an investment fund managed by Macquarie Infrastructure. Macquarie's prior funds, the $5 billion Macquarie Infrastructure Partners IV and the $3 billion Macquarie Infrastructure Partners III, have returned 9.4% and 13.1% of their investors' money as of September last year, according to the State Universities Retirement System of Illinois, an investor in both funds. This button displays the currently selected search type. Cincinnati Bell Inc. To Be Acquired By Macquarie Infrastructure Partners In $2.9 Billion Transaction, http://www.prnewswire.com/news-releases/cincinnati-bell-inc-to-be-acquired-by-macquarie-infrastructure-partners-in-2-9-billion-transaction-301022940.html. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The Transaction follows the determination by Cincinnati Bell's Board of Directors, after consultation with its legal and financial advisors, that the MIP proposal constituted a "Superior Proposal" as defined in Cincinnati Bell's previously announced merger agreement with Brookfield. Macquarie Infrastructure Corporation (MIC) owns, operates and invests in a diversified group of infrastructure businesses. +1 (201) 680 6578 (Outside US) Visit Computershare. Investment inquiries. [2], MIC Hawaii (formerly Hawaii Gas) is a wholly owned subsidiary of Macquarie Infrastructure Corporation, founded in 1904. Get notified about new Software Engineering Manager jobs in Helsinki, Uusimaa, Finland. Senior Manager, Communications and Media Cincinnati Bell, along with Macquarie Infrastructure Partners, initially announced their agreement in March 2020, a handful of months after Cincinnati Bell had received an initial offer, a $2.6 . MBL does not guarantee or otherwise provide assurance in respect of the obligations of MIC. With headquarters in Cincinnati, Ohio, Cincinnati Bell Inc. (NYSE: CBB) delivers integrated communications solutions to residential and business customers over its fiber-optic and copper networks including high-speed internet, video, voice and data. The recently closed deal, done through the Macquarie Infrastructure Partners V fund, marks the exit of prior investors including Goldman Sachs Private Capital Investing, Maple Partners and Ironwood Capital, as well as others that gained smaller stakes in LRS when their businesses were acquired. The Depositary Shares will be redeemed simultaneously with the redemption of the 6 3/4% Preferred Shares on September 22, 2021, at a redemption price of $50 per Depositary Share (equivalent to $1,000 per 6 3/4% Preferred Share). [2], The company took its name from Macquarie Bank, which took its name from Lachlan Macquarie, who was Governor of New South Wales. By linking to sites operated by third parties, MIC or Macquarie is not authorizing the reproduction of any material on such sites, as such material may be the subject of intellectual property rights. Your job seeking activity is only visible to you. [10] Macquarie Infrastructure Group purchased 50 percent stake in 2006, and assumed full ownership in 2014.[11]. Visit the Career Advice Hub to see tips on interviewing and resume writing. Past performance of any product described on this site is not a reliable indication of future performance. lee.lubarsky@macquarie.com. Email regional contact. You have experience programming in C and/or Go. Corporate Communications In connection with the proposed acquisition, Cincinnati Bell intends to file relevant materials with the United States Securities and Exchange Commission ("SEC"), including Cincinnati Bell's proxy statement in preliminary and definitive form. Before acting on any information, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice. Macquarie Infrastructure Partners Iii is a large advisory firm with 38 clients and discretionary assets under management (AUM) of $21,451,781,327 (Form ADV from 2023-01-19). MIC is managed by Macquarie Infrastructure Management (USA) Inc. (MIMUSA), which is also one of MIC's largest shareholders.
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