Macquarie Infrastructure to acquire remainder of IMTT for $1.025B in cash, stock Macquarie Infrastructure Company, or MIC, announced that it has entered into an agreement to acquire the 50% of International-Matex Tank Terminals, or IMTT, it does not currently own. Under the terms of the agreement, MIC will purchase the remainder interest from members of the business’ founding family for $910M in cash and $115M in stock. MIC acquired its initial 50% stake in IMTT in May of 2006. MIC expects the acquisition to be accretive to its Free Cash Flow per share in 2014. The company does not expect the transaction to close before late July.