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Blackstone to buy Australia’s AirTrunk in mega $24 billion deal
Blackstone has agreed to acquire AirTrunk in a deal valuing the Australian data centre operator at $24 billion, including debt and capital expenditure for committed projects.
The New York-based alternative asset manager, along with Canada Pension Plan Investment Board, is buying AirTrunk from Macquarie Group and PSP Investments. The transaction is pending regulatory approval by the Australian Foreign Investment Review Board.
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