BlackRock, IFM Enter Exclusive Talks for $25 Billion Stack Data Center Acquisition
Deals·1 article across 1 outlet
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A consortium backed by BlackRock Inc. and IFM Investors Pty has entered exclusive talks for a potential acquisition of Stack Infrastructure Inc.’s Asia Pacific data centers, people familiar with the matter said.
The deal, valued at $25 billion, highlights the growing interest in data center infrastructure as demand for cloud services continues to rise.
BlackRockIFM InvestorsStack Infrastructure
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“A consortium backed by BlackRock Inc. and IFM Investors Pty has entered exclusive talks for a potential acquisition of Stack Infrastructure Inc.’s Asia Pacific data centers, people familiar with the matter said.”
Bloomberg — BlackRock, IFM Close In on $25 Billion Stack Data Center Deal