NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (NYSE: MIC) today issued the following statement regarding reports that it was involved in a transaction for Cincinnati Bell.
“Macquarie Infrastructure Corporation is not a participant in any aspect of the announced transaction involving Cincinnati Bell,” said Christopher Frost, chief executive officer of MIC. “A merger agreement for the take-private of Cincinnati Bell has been entered into by Macquarie Infrastructure Partners V, a private infrastructure fund headquartered in New York that is managed by a U.S. subsidiary of Macquarie Group (ASX: MQG).”
Statements or articles on various web portals or in other media linking MIC to any transaction for Cincinnati Bell are wholly inaccurate.
MIC owns and operates a diversified group of businesses providing basic services to customers in the United States. Its businesses consist of a bulk liquid terminals business, International-Matex Tank Terminals, an airport services business, Atlantic Aviation, and entities comprising an energy services, production and distribution segment, MIC Hawaii. For additional information, please visit the MIC website at www.macquarie.com/mic.
MIC is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of MIC do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of MIC.