Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
- Australian firm working with financial adviser on the deal
- Other investors have shown preliminary interest in DIG Airgas
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Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2 billion, according to people familiar with the matter.
An investment arm of Macquarie is working with a financial adviser as it prepares for a potential sale of the business formerly known as Daesung Industrial Gases Co., the people said, asking not to be identified because the matter is private. Other companies in the industry and investment funds have shown preliminary interest in the industrial gas producer, the people said.