360 Capital sells its stake in Global Data Centre Group
33 percent of the APAC data center investor changes hands
33 percent of the APAC data center investor changes hands
A battle to buy back the company's own data centers has left NextDC down more than $2 million
Planning to add 100MW of capacity
NextDC may get another chance to buy the buildings where it operates
Stakeholders believe the trust’s current value could have been underestimated
And the government ignores NextDC’s request to block 360 takeover
Stating takeover terms of APDC constitute financial assistance from security holders
As the company’s bid for APDC loses support of the board
In yet another attempt to outbid its rival, NextDC
Stating a takeover by the fund manager would be impossible
Though the trust’s board says this doesn’t mean shareholders should accept the higher share price offer
Puts in unconditional offer above that of 360 Capital
Ahead of vote on proposed managerial shake up by 360 Capital Group
To cut short attempts by 360 Capital Group to replace its management team