Macquarie unloads 7% stake in LG CNS via $310 mn block sale at 9% discount - KED Global

Macquarie Sells 7% Stake in LG CNS at Discount

Private equity firm Macquarie Asset Management has sold about 7% of its stake in LG CNS Co., the IT services unit of South Korea’s LG Group, through a block sale worth $310 million at a 9% discount.

Macquarie Initiates Sale of Approtium

Macquarie Asset Management has started the process to sell Approtium, the largest commercial hydrogen producer in South Korea. The deal is expected to generate over 1 trillion won ($770 million), according to investment banking sources.

Sale of Four-Star Hotel in Seoul

Macquarie is set to sell the Four Points by Sheraton Josun, Seoul Station, a four-star hotel, to South Korea’s KB Asset Management for approximately 170 billion won ($118.7 million), industry insiders said.

Macquarie to Sell DIG Airgas Stake

The firm has begun selling its entire 100% stake in DIG Airgas Co., South Korea’s third-largest industrial gas producer. This is expected to become the country’s largest buyout deal.

Macquarie Korea Infrastructure Fund Acquires Data Center

Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to purchase a 40-megawatt data center from IGIS Asset Management Co. in Seoul for 734 billion won ($538 million).

"Macquarie is moving to appoint buyers for its key assets in South Korea, solidifying its presence in the country's infrastructure and real estate sectors."

Macquarie’s series of strategic sales highlight its focus on reshaping its portfolio in South Korea by divesting stakes in IT services, hydrogen production, hospitality, and industrial gas sectors.

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KED Global KED Global — 2025-11-05

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