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MIC Announces Closing of Sale of IMTT, Record Date for Special Dividend of $11.00 Per Share – IT Business Net

MIC Announces Closing of Sale of IMTT, Record Date for Special Dividend of $11.00 Per Share NEW YORK–(BUSINESS WIRE)–Macquarie Infrastructure Corporation (NYSE: MIC) today announced that it has successfully completed the sale of its International-Matex Tank Terminals (“IMTT”) business to an affiliate of Riverstone Holdings, Inc. for $2.67 billion, net of closing adjustments, and including assumed debt of approximately $1.11 billion. MIC announced that it had entered into the agreement t...
United States New South Wales Commonwealth Of Australia Lee Lubarsky Jaya Davis York Stock Exchange

MIC Announces Closing of Sale of IMTT, Record Date for Special Dividend of $11.00 Per Share

Share: Macquarie Infrastructure Corporation (NYSE:MIC) today announced that it has successfully completed the sale of its International-Matex Tank Terminals ("IMTT") business to an affiliate of Riverstone Holdings, Inc. for $2.67 billion, net of closing adjustments, and including assumed debt of approximately $1.11 billion. MIC announced that it had entered into the agreement to sell IMTT on November 9, 2020. As previously indicated, the MIC board of directors has elected to return all the net ...
United States New South Wales Commonwealth Of Australia York Stock Exchange Macquarie Bank Limited Macquarie Infrastructure Corporation

STI ends 4-day losing streak as region posts modest gains

Gainers trump losers 226 to 192 on lower transaction value Keppel Corp among top STI performers, advancing 1.32% Local shares bucked four straight sessions of decline to join other regional bourses in chalking up modest gains yesterday. There were initial fears that outgoing President Donald Trump might veto the Bill for coronavirus relief in the United States, but investors shrugged off those concerns to lift the Straits Times Index (STI) 0.22 per cent, or 6.08 points, to 2,833.4 points. Gai...
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Wary mood over global virus curbs sends STI down 0.67%

The Straits Times Wary mood over global virus curbs sends STI down 0.67% • Glovemaker counters gain, aviation-related ones slip • Sembcorp Marine tops most active tally but ends lower • Shanghai shares biggest decline among key regional indexes Tay Peck Gek https://str.sg/JRcF They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now ...
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Map shows the disasters that have plagued Sydney

A demoralising map shared online has highlighted the back-to-back crises that have plagued Sydney over the past 12 months. A man posted a graphic to Reddit on Monday with side-by-side maps comparing bushfire locations in December 2019 against areas with coronavirus health alerts across the region a year on.  It comes as Sydney braces for potential lockdown over Christmas after a new COVID-19 cluster, now totalling 83, emerged in the Northern Beaches.  A man shared a graphic (pictured) with si...
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Race to save Christmas: NSW has only two days to stem COVID-19 outbreak

Millions of residents face Christmas in lockdown if Sydney fails control a coronavirus outbreak on the Northern Beaches within the next two days.  NSW recorded another 15 new infections on Monday, taking the total number of cases linked to the cluster to 83, with the majority centred around the wealthy beachside suburb of Avalon. Contact tracers are working around the clock to nip the outbreak in the bud by finding everyone infected and those they came into contact with. Premier Gladys Berejik...
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Thousands of Aussies flood Sydney airport in a desperate bid to escape for Christmas holidays

Holidaymakers rushed to Sydney Airport to flee the Harbour City as the coronavirus cluster continues to grow Most travellers wore face masks in the terminal with outbreak threatening Christmas plans across the nation New South Wales recorded 30 new cases of coronavirus but not a single one outside the Northern Beaches Victoria, Queensland are shutting their bodies to anyone from Greater Sydney with locals urged to go home 
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COVID-19 LIVE: New virus venues named as cluster grows

Western Australia also reinstated its hard border with NSW from midnight Saturday. ___________________________________________________________________________ More venues have been added to a NSW Health alert list. Anyone who was at the following venues is considered a close contact and should get tested immediately and self-isolate for 14 days, regardless of the result: * * * * * Café Junior, Woolworths Neutral Bay Village, 1-7 Rangers Road, Neutral Bay: Sunday 13 December, 12:45...
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Sydney records 30 new cases of coronavirus

Strict restrictions which will hit Christmas plans across Sydney are in force - heres what you need to know about the new rules New South Wales recorded 30 new cases of coronavirus but not a single one outside the Northern Beaches New restrictions have been imposed for Greater Sydney with maximum of 10 people allowed in homes  Victoria, Queensland are shutting their bodies to anyone from Greater Sydney with locals urged to go home There are now 68 cases as part of the Northern Beaches cluster,...
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EIGHTEEN new NSW venues are exposed to COVID-19

Cluster ballooned to 70 cases after 30 new infections were announced Sunday Premier Gladys Berejiklian on Sunday urged all NSW residents to wear a mask 28 of Sundays new cases are linked to the cluster on the Northern Beaches Panic buying reminiscent of the first wave has swept across supermarkets  Anyone who visited Wharf Bar on December 12 should get tested and isolate Other hotspots include Steyne Hotel, Cronulla Mall and Riverwood Woolworths 
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