Blackstone Disclosed A Deal to Acquire AirTrunk For An Implied Enterprise Value Of Over A$24B
Portfolio Pulse from Benzinga Newsdesk
Blackstone has announced a deal to acquire AirTrunk, a data center operator, for an implied enterprise value of over A$24 billion. This acquisition highlights Blackstone's strategic expansion in the data center sector.
September 04, 2024 | 9:51 am
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Blackstone's acquisition of AirTrunk for over A$24 billion signifies a strategic move to expand its presence in the data center industry, potentially boosting its market position and financial performance.
The acquisition of AirTrunk by Blackstone is a significant strategic move, indicating Blackstone's focus on expanding its footprint in the growing data center industry. This could lead to positive investor sentiment and a potential increase in Blackstone's stock price.
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