A BlackRock and IFM Investors-backed consortium enters exclusive talks to acquire Stack Infrastructure's Asia Pacific data centers for up to $25 billion
According to CNA Business, a consortium backed by BlackRock and IFM Investors has entered into exclusive talks to acquire 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.
Key facts
- 01Consortium backed by BlackRock and IFM Investors is in exclusive talks to acquire Stack Infrastructure’s Asia Pacific data centers.
- 02Deal could value the portfolio at up to $25 billion.
- 03Bloomberg News reported on Thursday, citing people familiar with the matter.
- 04Report notes Reuters could not immediately verify the information.
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- BlackRock, IFM close in on $25 billion Stack data center deal: Bloomberg · The Economic Times Tech