August 6, 2019 / 7:13 PM / 19 days ago

Lanxess, Bayer sell chemical park operator to Macquarie for $3.9 bln

FRANKFURT, Aug 6 (Reuters) - German chemical groups Bayer and Lanxess have agreed to sell chemical park operator Currenta to investor Macquarie Infrastructure and Real Assets (MIRA), the sellers said on Tuesday.

The deal gives Currenta, jointly owned by the two companies, an enterprise value of 3.5 billion euros ($3.9 billion), including net debt and pension obligations and a related real estate portfolio that Bayer will transfer to Macquarie, they said in a statement.

$1 = 0.8929 euros Reporting by Ludwig Burger; Editing by Jan Harvey

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