Macquarie Infrastructure offloads Macquarie Infrastructure to KKR for $4.48B

seekingalpha2021-06-07

Macquarie Infrastructure and KKR inkeddefinitive agreement wherein the former will sell its Atlantic Aviation business to the latter for$4.48B in cash and assumed debt and reorganization obligations. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

3SPY
2021-06-07
3SPY
??
- Jher:
  [Miser]

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1109656541?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-07 19:30","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"1109656541","market":"us","top_or_hot":-1,"title":"Macquarie Infrastructure offloads Macquarie Infrastructure to KKR for $4.48B","media":"seekingalpha","content":"<div>\n<p>Macquarie Infrastructure and KKR inkeddefinitive agreement wherein the former will sell its Atlantic Aviation business to the latter for$4.48B in cash and assumed debt and reorganization obligations.\n...</p>\n\n<a href=\"https://seekingalpha.com/news/3703590-macquarie-infrastructure-offloads-macquarie-infrastructure-to-kkr-for-448b\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Macquarie Infrastructure offloads Macquarie Infrastructure to KKR for $4.48B</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMacquarie Infrastructure offloads Macquarie Infrastructure to KKR for $4.48B\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 19:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3703590-macquarie-infrastructure-offloads-macquarie-infrastructure-to-kkr-for-448b><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Macquarie Infrastructure and KKR inkeddefinitive agreement wherein the former will sell its Atlantic Aviation business to the latter for$4.48B in cash and assumed debt and reorganization obligations.\n...</p>\n\n<a href=\"https://seekingalpha.com/news/3703590-macquarie-infrastructure-offloads-macquarie-infrastructure-to-kkr-for-448b\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KKR","symbol_name":"KKR & Co L.P.","start_time":0,"source_url":"https://seekingalpha.com/news/3703590-macquarie-infrastructure-offloads-macquarie-infrastructure-to-kkr-for-448b","article_id":"1109656541","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109656541","pubTimestamp":1623065458,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Macquarie Infrastructure and KKR inkeddefinitive agreement wherein the former will sell its Atlantic","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"KKR":"KKR & Co L.P."},"translate_title":"麦格理基础设施将麦格理基础设施以44.8亿美元的价格出售给KKR","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KKR":0.9,"MIC":0.9},"content_text":"Macquarie Infrastructure and KKR inkeddefinitive agreement wherein the former will sell its Atlantic Aviation business to the latter for$4.48B in cash and assumed debt and reorganization obligations.\nPurchase price indicates a multiple of Atlantic Aviation's EBITDA of 16.2 times and MIC expects to receive $3.525B on transaction closure post  reorganization of MIC into a limited liability company (approved by MIC shareholders).\nSale expected to close in Q4 wherein MIC seeks approval at a special shareholders meeting to be conducted soon.\nKKR is making its investment in Atlantic Aviation primarily through its Global Infrastructure Investors and Core Investments strategies.\nAtlantic Aviation operates one of the largest networks of fixed base operations in the U.S. providing a full suite of critical services to the private aviation sector.\nThe sale will lead to cash proceeds of ~$3.298B being available for distribution to unitholders after a disposition payment by MIH to MIC's external manager of ~$227M.\nPost transaction closure, MIH board is expected to authorize a cash distribution of ~$37.35/unit.\nMIC shares trading 8.57% higher premarket to$38 which is ahead of its 52-week high price of $35.61, while KKR shares are up 1.5%.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":114881898,"gmtCreate":1623065571014,"gmtModify":1704195310487,"author":{"id":"3573557817579971","authorId":"3573557817579971","name":"3SPY","avatar":"https://static.tigerbbs.com/d0da4d80440800d9415c7b37917c8288","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573557817579971","authorIdStr":"3573557817579971"},"htmlText":"??&nbsp;","listText":"??&nbsp;","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/114881898","repostId":1109656541,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4616678,"gmtCreate":1623066889882,"gmtModify":1663228123838,"authorId":3571442481525664,"author":{"id":3571442481525664,"idStr":"3571442481525664","authorId":3571442481525664,"name":"Jher","avatar":"https://static.tigerbbs.com/f64e30965f55a5d41be6d9c44aa6535e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.30","exceedPercentage":"80.17%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":114881898,"type":1,"supId":0,"prevId":0,"content":"[Miser]","text":"[Miser]","html":"[Miser]"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":24,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109656541"}