Yonhap Infomax NewsMacquarie Asset Management exits DIG Airgas after five years, selling to Air Liquide for 4.6 trillion won ($3.4 billion) at a 20.2x EV/EBITDA multiple, strengthening Air Liquide’s position in South Korea’s industrial gas market.
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Macquarie Signs Definitive Agreement to Sell DIG Airgas to Air Liquide—Enterprise Value Set at 4.85 Trillion Won
Macquarie Asset Management has agreed to sell South Korea’s DIG Airgas to France’s Air Liquide for 4.85 trillion won ($3.6 billion), marking a major exit after five years and strengthening Air Liquide’s presence in the Korean industrial gas market.