Blackstone Boosts Carrix Stake as Smiths, Hemingways Sell (1)

Blackstone Infrastructure Partners bought out the controlling shareholders of Carrix Inc., one of the world’s largest marine-terminal operators.

The families had been weighing a sale of their holding in the Seattle-based company, Bloomberg reported in June. The stake was expected to fetch $2.5 billion or more, people familiar with the matter said at the time, asking not to be identified because the talks were private.

“The Smith/Hemingway family sold its shares to Blackstone Infrastructure Partners,” Bob Watters, a Carrix spokesman, said in an emailed statement, declining to comment on details of the transaction. Paula Chirhart, a Blackstone ...