Macquarie Reaches Deal to Buy Rest of Spain’s Viesgo

Macquarie Reaches Deal to Buy Rest of Spain’s Viesgo

Australian investor buys 40% stake from Wren House Infra. Macquarie is buying the stake from Wren House Infrastructure , said the person, who asked to not be identified because the matter isn't public.. Wren House, a unit of Kuwait's sovereign wealth fund, was in discussions to sell the stake to Ontario Teachers' Pension Plan, but Macquarie exercised its pre-emption right to buy the stake, the person said.. The deal gives Wren House an internal rate of return of more than 30%, the person said..