Two bidders lodge final offers for $A20 billion AirTrunk, sources say

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SYDNEY :Two bidding groups led by Blackstone and IFM Investors lodged final offers on Tuesday to buy Australian data centre group AirTrunk in a transaction worth about A$20 billion ($13.55 billion), according to two sources with direct knowledge of the matter.

The sources could not be named discussing confidential information.

Blackstone and CPPIB declined to comment.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaCanada

Topics: Sources Data Added Offers Macquarie Centre Comment Consortium Blackstone Tuesday Airtrunk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 17:14:48 (5 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 239 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22282552

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 2 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 8 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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