Macquarie unloads 7% stake in LG CNS via $310 mn block sale at 9% discount - KED Global

Macquarie Sells 7% Stake in LG CNS

Private equity firm Macquarie Asset Management has sold approximately 7% of its shares in LG CNS Co., the IT services subsidiary of South Korea’s LG Group. The transaction was executed as a block sale worth $310 million, offered at a 9% discount.

Sale of Approtium Hydrogen Plant

Macquarie Asset Management has initiated the sale of Approtium, South Korea's largest commercial hydrogen producer located in Ulsan. The deal is anticipated to exceed 1 trillion won (about $770 million), according to investment banking sources.

Hotel Sale in Seoul

Macquarie is set to sell a four-star hotel in Seoul to KB Asset Management for roughly 170 billion won ($118.7 million). The hotel involved is the Four Points by Sheraton Josun near Seoul Station.

Divestment of DIG Airgas

Macquarie has begun the process of selling its 100% stake in DIG Airgas Co., South Korea’s third-largest industrial gas producer. This deal is expected to become the country's largest buyout transaction.

Data Center Acquisition by MKIF

Macquarie Korea Infrastructure Fund (MKIF) has agreed to acquire a 40-megawatt data center from IGIS Asset Management Co., based in Seoul, in a deal valued at 734 billion won ($538 million).

"Macquarie Asset Management has kicked off the sale of Approtium, South Korea’s largest commercial hydrogen producer, in a deal expected to fetch over 1 trillion won ($770 million)."
"Macquarie Asset Management is poised to sell a four-star hotel in Seoul for about 170 billion won ($118.7 million) to South Korea’s KB Asset Management."

Summary: Macquarie Asset Management is actively divesting key assets in South Korea across IT, hydrogen energy, hospitality, industrial gases, and data centers, securing multi-billion dollar deals.

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The Korea Economic Daily Global Edition The Korea Economic Daily Global Edition — 2025-11-06

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