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Macquarie Asset Mgmt is gearing up for a $3.6B sale (18x to 20x EBITDA) of DIG Airgas (South Korea’s 3rd-largest industrial gas producer) attracting interest from $KKR Brookfield, Squared Capital, Stonepeak, Air Liquide & $APD Sale run by $GS & $JPM Macquarie acquired the company from MBK Partners in 2019 for $1.85B - since then, the firm has expanded its footprint across industrial, electronic, & specialty gas segments, as well as gas equipment.
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