BlackRock, IFM close in on $25 billion Stack data center deal, Bloomberg News reports
A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid
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Sept 24 : A consortium backed by BlackRock and IFM Investors has entered into exclusive talks for a potential acquisition of Stack Infrastructure’s Asia Pacific data centers, in a deal that could value the portfolio at up to $25 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.
Reuters could not immediately verify the report.
Source: Reuters
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