Macquarie Atlas Gets New Investors Through Parent Company’s Block Trade

The Australian reports today that “Macquarie Capital has offloaded about a 10 per cent stake [53 million shares] in Macquarie Atlas, in a deal worth $282 million [approximately US$213 million]. . . . Shareholders were understood to have offered strong support for Friday’s block trade, which also saw a number of new investors inject capital into to the toll road operator. In total, almost 16 investors participated, with demand out of Asia said to be strong.”