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TINC Comm. VA. ( (GB:0R7T) ) has provided an announcement.
TINC has completed a strategic transaction involving the sale of a 50% stake in Datacenter United to Cordiant Digital Infrastructure Limited and the acquisition of Proximus Data Centres. This move positions Datacenter United as the largest colocation data center provider in Belgium, with a total of 13 data centers and the potential for further expansion. The transaction is expected to positively impact TINC’s financials, enhancing its market positioning and offering opportunities for growth in the digital infrastructure sector.
More about TINC Comm. VA.
TINC is an infrastructure investor listed on Euronext Brussels, focusing on digital infrastructure investments. The company has been involved in the data center industry, particularly with its significant stake in Datacenter United, a prominent player in the Belgian data center market.
YTD Price Performance: -5.42%
Average Trading Volume: 1,768
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €377.5M
For detailed information about 0R7T stock, go to TipRanks’ Stock Analysis page.