Blackstone (BX) is weighing selling a pair of AirTrunk data centers in Australia following its takeover of the company in December, Bloomberg’s Gillian Tan and Vinicy Chan report, citing people with knowledge of the matter. The firm has held discussions with advisers as it explores the divestitures of the two stabilized data centers, which could each bring in about $1.3B, the authors note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BX:
- Private Equity Stocks Crash as Tariffs Threaten Dealmaking for KKR and Apollo
- Amazon Stock (AMZN) Climbs as it Makes Last Gasp Bid to Buy TikTok
- Trump Trade: Tariff plan still being worked on ahead of unveiling
- Trump to consider proposal for divesting TikTok U.S. operations, Bloomberg says
- Trump to Decide TikTok’s Fate at White House Meeting on “Liberation Day”