Brookfield To Acquire Substantially All Of Cyxtera's Assets For $775M
Portfolio Pulse from Benzinga Newsdesk
Brookfield is set to acquire substantially all of Cyxtera's assets for $775M. The deal includes a comprehensive agreement with Digital Realty Trust and Digital Core REIT for Brookfield to acquire the real estate supporting several of Cyxtera's U.S. data centers.
November 01, 2023 | 11:17 am
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NEGATIVE IMPACT
Cyxtera's sale of its assets to Brookfield could potentially impact its financial position and stock price.
The sale of Cyxtera's assets to Brookfield could potentially impact its financial position and stock price in the short term, as it would be losing a significant portion of its assets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Digital Realty Trust's agreement with Brookfield could potentially impact its real estate portfolio and stock price.
The agreement between Digital Realty Trust and Brookfield could potentially impact its real estate portfolio and stock price in the short term, as it would be selling some of its real estate assets.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Brookfield's acquisition of Cyxtera's assets could potentially increase its asset base and revenue streams.
The acquisition of Cyxtera's assets by Brookfield could potentially increase its asset base and revenue streams, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100