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

Macquarie Sells 7% Stake in LG CNS

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

Macquarie Initiates Sale of Approtium

Macquarie Asset Management has launched the sale of Approtium, South Korea’s largest commercial hydrogen producer, in a transaction expected to exceed 1 trillion won ($770 million), according to investment banking sources.

Sale of Four-Star Hotel in Seoul

Macquarie plans to sell the Four Points by Sheraton Josun hotel near Seoul Station for about 170 billion won ($118.7 million) to KB Asset Management, sources in the investment banking sector reported.

Disposition of DIG Airgas Stake

Macquarie has started the process to sell its 100% ownership of DIG Airgas Co., South Korea’s third-largest industrial gas producer. This sale could become the largest buyout deal in the country.

Macquarie Korea Infrastructure Fund Acquires Data Center

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

Investment banking sources noted the strategic moves by Macquarie reflect its focus on optimizing its portfolio in South Korea’s infrastructure and industrial sectors.

Macquarie is actively divesting stakes and assets in major South Korean companies, targeting significant returns amid evolving market conditions.

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The Korea Economic Daily Global Edition The Korea Economic Daily Global Edition — 2025-11-06

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