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TINC and Cordiant Partner to Expand Datacenter United

TINC and Cordiant Partner to Expand Datacenter United

TINC Comm. VA. (GB:0R7T) has released an update.

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TINC has announced a strategic partnership involving the sale of a 50% stake in Datacenter United to Cordiant Digital Infrastructure, while Datacenter United will acquire Proximus’s data center business for €128 million. This move establishes Datacenter United as the largest colocation data center provider in Belgium, with 13 centers and a long-term agreement with Proximus, positioning it for significant growth. TINC and Cordiant aim to leverage this acquisition for expansion and value creation in the digital infrastructure sector.

For further insights into GB:0R7T stock, check out TipRanks’ Stock Analysis page.

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