Riverstone to Acquire IMTT From Macquarie Infrastructure

Updated 10 months ago

Riverstone has entered a definitive agreement to buy International-Matex Tank Terminals (IMTT) from Macquarie Infrastructure for a total consideration of $2.685 billion. The company currently operates 19 liquids terminals with a total capacity of 48 million barrels. Closing is expected in late 2020 or early 2021. Jefferies acted as a financial advisor to Riverstone.