Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Finance»Blackstone-led consortium nears $13.5 billion deal to acquire AirTrunk, source says
Finance

Blackstone-led consortium nears $13.5 billion deal to acquire AirTrunk, source says

September 2, 2024No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Blackstone-led consortium nears $13.5 billion deal to acquire AirTrunk, source says
Share
Facebook Twitter LinkedIn Pinterest Email

By Kane Wu and Gnaneshwar Rajan

(Reuters) -A consortium led by Blackstone is nearing a deal to accumulate Australian information centre group AirTrunk for A$20 billion ($13.53 billion) together with debt, an individual with information of the scenario mentioned on Monday.

Blackstone and its companion, the Canada Pension Plan Funding Board (CPPIB), emerged as the popular purchaser for AirTrunk, after outbidding a rival investor group, the individual mentioned, declining to be named as the data was non-public.

The deal could possibly be introduced within the coming days, the individual mentioned.

Bloomberg first reported the information on Monday, including that AirTrunk house owners Macquarie Group and Canada’s Public Sector Pension Funding Board are negotiating closing particulars of a transaction.

Blackstone, CPPIB, Macquarie and PSP declined to remark.

Reuters reported final week that two bidding teams led by Blackstone and IFM Traders lodged closing provides on Tuesday to purchase AirTrunk.

The IFM-led consortium consists of DigitalBridge, GIP, Mubadala’s MGX and Silver Lake.

Macquarie and PSP personal 88% of the information centre enterprise however haven’t disclosed their particular person stakes.

($1 = 1.4782 Australian {dollars})

(Reporting by Kane Wu in Hong Kong and Gnaneshwar Rajan in Bengaluru; Modifying by Mrigank Dhaniwala & Shri Navaratnam)

Source link

acquire AirTrunk billion Blackstoneled consortium deal nears source
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Is Nasdaq Stock Outperforming the Dow?

March 13, 2026

Why take-home pay wins for workers this tax season

March 13, 2026

What is a multi-year guaranteed annuity (MYGA), and how does it work?

March 13, 2026

Markets hopes for Fed interest rate cuts are rapidly fading away

March 13, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Is Nasdaq Stock Outperforming the Dow?

March 13, 2026

Meet Ishika, Potterhead, Cristiano Ronaldo fan and India’s teenage newcomer from boxing hotbed Bhiwani

March 13, 2026

Ted Cruz Praises Trump For Making America ‘Safer’ Right After Noting 1 Danger Is ‘Higher’

March 13, 2026

Kate Middleton ‘Backbone’ Of Monarchy As William Faces Pressure

March 13, 2026
Popular Post

Independent movies need the help of film festivals, says Nalawade | Bengaluru

Erika Jayne Trashed by ‘This is Your Night’ Singer Amber

‘He can be the best player of World Cup’: Ronaldo names his pick between Kylian Mbappe and Lionel Messi

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2026 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.