Rogers sells $4.9bn stake in wireless network to Blackstone
Blackstone will hold a 49.9 percent stake in Rogers' new network subsidiary
Blackstone will hold a 49.9 percent stake in Rogers' new network subsidiary
Sale would raise AU$4bn to fund expansion in other markets
Calls data centers vital but says how they're used may change
Exceeds previously reported figure by $16 billion
And Telangana government welcomes three more data center investments
Deal worth $1 billion
Lancium planning multiple gigawatt campuses
Rogers is looking to reduce debts
A massive jump over just a few months back
Largest ever deal in the data center space
Advanced talks ongoing between the companies
New government courts operators in bid to attract funding
Predicts $2 trillion in global build out
Company has warchest of almost $10 billion
Investment will clear debts and cover dividend payment
Rumours of the deal were first reported in February
Blackstone is said to be the front runner to clinch a deal
Company to use funds to build out 80MW SLC-03
KKR, DigitalBridge, Blackstone, Stonepeak, GIC, amongst those in running for 24 percent stake in Indian data center unit
Asset manager laying groundwork for offer?
Data center construction firm valued at around £700 million
Will lead to 500MW of IT capacity in US and Europe
Expands European footprint in the process
Cashing in on generative AI hype for a large expansion