Blackstone-led consortium nearing deal to buy AirTrunk for $13.5B - report
Hawkinsight
2024-09-02 15:00:14
2.15W
Roman Tiraspolsky/iStock Editorial via Getty Images A consortium led by Blackstone (NYSE:BX) was reportedly nearing a $13.53B deal to buy Australia-based data center group AirTrunk. Blackstone (BX) and its partner, the Canada Pension Plan Investment Board, were the preferred buyer for the data center firm, after it outbid a rival investor group, Reuters reported citing a source. Macquarie Asia Infrastructure Fund 2 and PSP Investments had together, as part of a consortium, acquired a majority stake in the company in 2020. The deal might be announced in the next few days, the report added.
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