Work and align with Distribution Marketing strategy team to measure and improve success of Marcom activities. +1 (201) 680 6578 (Outside US) Visit Computershare. The sale to Macquarie . 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. The investment in Cincinnati Bell represents an exciting addition to our portfolio of fiber and communications infrastructure assets, both in the United States and globally.". Learn more about MKIF. Macquarie has been investing in North American infrastructure since 2004 and has raised about $21 billion since then. The Transaction price of $15.50 per share of Cincinnati Bell common stock represents a 101% premium to the closing per share price of $7.72 on December 20, 2019, the last trading day prior to the date when Cincinnati Bell's original merger agreement with Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) ("Brookfield") was executed, a 172% premium to the 60-day volume weighted average price up to and including December 20, 2019 and a 7% premium to Brookfield's prior binding agreement to acquire the Company. 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 . Australia and NewZealand This information is a general description of Macquarie Infrastructure Holdings, LLC (NYSE: MIC). Close Date. Macquarie Infrastructure's mailing address is 125 WEST 55TH STREET, NEW YORK NY, 10019. 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 group, known as Accelerate Maryland Partners LLC, includes Tysons Corner, Va.-based Transurban USA and Macquarie Infrastructure Developments, a New York firm, as lead equity developers and lead contractors. It has been prepared solely for informational purposes; it is not a solicitation of any offer to buy or sell any security or instrument. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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 V or any existing or future fund or investment vehicle managed or advised by MAM and/or its affiliates or any other security. Additional risks of which we are not currently aware could also cause MIC's actual results to differ. Email regional contact, Asia Dewberry Engineers and Stantec Consulting Services are the group's designers. This communication may be deemed to be solicitation material in respect of the proposed acquisition of Cincinnati Bell by MIRA. It contains forward-looking statements. investorrelations@altafiber.com. With a portfolio that spans more than 170 portfolio companies, more than 85 GW of renewable energy assets in development and 4.7 million hectares of farmland in Australia and Brazil, our global team partners with clients, governments, and communities to manage . Macquarie Capital Securities (Malaysia) Sdn. MIC is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). [3], On December 16, 2004 the company went public as Macquarie Infrastructure Company Trust: it sold 26 million shares at $25 a piece and collected $665 million.[4]. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 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. Get notified about new Software Engineering Manager jobs in Helsinki, Uusimaa, Finland. 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. Sign in to save Software Engineering Manager - Container and Virtualisation Infrastructure at Canonical. By clicking Agree & Join, you agree to the LinkedIn, You can save your resume and apply to jobs in minutes on LinkedIn. Determine whether Macquarie Infrastructure Partners V grew or shrank during the last recession. "We continue to access a range of high-quality investment opportunities across the region as we build the MIP V portfolio and will utilize the team's sector and operational expertise to manage these investments over time." . 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. 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. Headquartered and listed in Australia (ASX: MQG), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$737 billion in assets under management. Corporate Communications Our mission is to build a next-generation private cloud infrastructure, combining KVM, Ceph, and SDN technologies to create a data center scale cloud that 'just works' and provides a mission-critical cloud for edge and core enterprise deployments. (AFCO). Macquarie Infrastructure Partners has been an active acquirer in the U.S. data center market, . MIC's actual results, performance, prospects or opportunities could differ materially from those expressed in or implied by the forward-looking statements. This underscores the robust and disciplined process that we executed to ensure immediate and maximum value creation for our shareholders. In addition, any statements that refer to projections of future financial performance, anticipated growth and trends in businesses, and other characterizations of future events or circumstances are forward-looking statements. CEO of Macquarie Infrastructure Partners, in the release. We are pleased to have successfully completed the final phase of the unlocking of value for equity holders, said Christopher Frost, chief executive officer of MIC. "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. Certain Special Opportunities funds ("Ares Funds") managed by the Private Equity Group of Ares Management Corporation (NYSE: ARES) ("Ares Management") have agreed to provide equity financing for the Transaction. The forward-looking events discussed may not occur. Email regional contact. The obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of MIC. Cincinnati Bell Inc. (NYSE: CBB) (Cincinnati Bell or the Company), today announced the completion of its acquisition by Macquarie Infrastructure Partners V (MIP), in an all-cash transaction valued at approximately $2.9 billion, including debt (the Transaction). The conglomerate can be reached via phone at (212) 231-1000, via email at mic@macquarie.com, or via fax at 212-231-1828. At Cincinnati Bell Inc, we promise to treat your data with respect and will not share your information with any third party. Macquarie Group Limited and its related corporations are not otherwise currently authorized to accept deposits or conduct banking business in any other jurisdiction. (833) 343-2028. Limited, Macquarie Capital Limited, Taiwan Securities Branch, Macquarie Capital Securities (Japan) Limited (Tokyo Branch). Ares Management's global platform had $149 billion of assets under management as of December 31, 2019 and employs approximately 1,200 employees in over 20 offices in more than 10 countries. This site may contain links to other websites operated or owned by entities that are not controlled or owned by Macquarie Group (Macquarie). 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). Email: Josh.Pichler@cinbell.com, Investors Cincinnati Bell: We are a key supplier to the world . Macquarie Infrastructure Partners Inc. provides investment advisory services. 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. 0000-00-00. All statements, other than statements of historical facts, are statements that could be deemed forward-looking statements. Pursuant to the agreement, each issued and outstanding share of Cincinnati Bell common stock will be converted into the right to receive $15.50 in cash at closing of the Transaction. Macquarie's logo is a stylized version of Holey dollar coin. Past performance of any product described on this site is not a reliable indication of future performance. Orient Overseas (International) Limited announced the sale for $1.78 billion of Long Beach Container Terminal to a consortium led by Macquarie Infrastructure Partners. 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. [6], On May 21, 2015, membership interests in Macquarie Infrastructure Company LLC were exchanged, one for one, for shares of Macquarie Infrastructure Corporation as a result of the conversion of the Company from a Delaware limited liability company to a Delaware corporation. 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). About Macquarie Infrastructure Partners V. MIP is a fund managed by Macquarie Asset Management ("MAM"). Macquarie Investment Management Europe S.A. Macquarie Capital France SA, Niederlassung Deutschland, Macquarie Advisory and Capital Markets South Africa (Pty) Ltd. Macquarie Infrastructure and Real Assets S.A. Macquarie Capital France SA, Sucursal en Espaa, Macquarie Asset Management Europe S.a r.l., Italy Branch. Head of Investor Relations You can sign up for additional alert options at any time. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". View original content:http://www.prnewswire.com/news-releases/cincinnati-bell-inc-to-be-acquired-by-macquarie-infrastructure-partners-in-2-9-billion-transaction-301022940.html, 1-800-345-6301 Macquarie Infrastructure Holdings, LLC. You can unsubscribe from these emails at any time. It contains forward-looking statements. It has been prepared solely for informational purposes; it is not a solicitation of any offer to buy or sell any security or instrument. After submitting your request, you will receive an activation email to the requested email address. 2018 - Texas Stevedoring was formed and begins operations in Houston, Texas. On January 1, 2007, Macquarie Infrastructure Company Trust was succeeded by Macquarie Infrastructure Company LLC. This button displays the currently selected search type. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. It stores and handles petroleum products, vegetable and tropical oils, renewable fuels, and various chemicals. July 27 (Reuters) - Macquarie Group Ltd's MQG.AX asset management division has raised $6.9 billion for its latest fund dedicated to investing in North American infrastructure, well over its $5 billion target, the Australian bank told Reuters on Tuesday. Level 6, 7, part of Level 8, 825 Ann Street, Business Banking Only - Cheque Collections & Cheque Deposit Office. About Energy Capital Partners . The firm last filed a Form D notice of exempt offering of securities on 2014-09-30. In connection with the closing of the Transaction, effective today, trading of Cincinnati Bells common shares has been suspended on the New York Stock Exchange (the NYSE) and Cincinnati Bell has requested that its common shares be delisted from the NYSE. 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. Philadelphia, Pennsylvania . This partnership also strongly validates the financial and operational strength of Steward, which has significantly improved the performance of these assets over the last five years and has continued to deliver first class patient care to the Boston area throughout the pandemic while growing its overall national footprint., Steward Health Care commented, Steward is pleased to see continued value creation around these hospitals. Ares Management is a leading global alternative investment manager operating three integrated businesses across Credit, Private Equity and Real Estate. About $100 billion was raised for infrastructure globally, with funds earning a net internal rate of return (IRR) of 8.6% in the 10 years to June last year, according to industry data provider Preqin. Monday, April 29, 2019. Commencing September 23, 2021, units of Macquarie Infrastructure Holdings, LLC will trade on the New York Stock Exchange under the same symbol (NYSE: MIC) and with the same CUSIP number (55608B105 . We are a global financial services organisation with Australian heritage, operating in 34 markets. Macquarie Asset Management provides specialist investment solutions to clients across a range of capabilities including infrastructure and renewables, real estate, agriculture, transportation . Information about Cincinnati Bell's directors and executive officers is set forth in Cincinnati Bell's Proxy Statement on Schedule 14A for its 2019 Annual Meeting of Shareholders, which was filed with the SEC on March 19, 2019, and its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, which was filed with the SEC on February 24, 2020.