Macquarie in $440 million toll road sale
Macquarie Group is selling most of its stake in the $4.62 billion toll road operator Macquarie Atlas. The stake Macquarie is selling is worth $440m.
The group is divesting 76 million shares or 11.3 per cent.
Shares are being sold at between $5.80 and $6.10.
Shares closed at $6.36.
It comes after Macquarie recently announced it would move towards an internalisation of the fund where it would no longer be its manager.
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