Market Chatter: Infratil's CDC Data Centres Seeks to Raise AU$1 Billion Via Hybrid Deal
MT Newswires Live
May 25
CDC Data Centres Chief Financial Officer David Collins approved a AU$1 billion hybrid offering, according to a report by the Australian Financial Review (AFR) on Monday.
CDC is owned by Infratil (ASX:IFT), Future Fund, and Commonwealth Superannuation Scheme.
Infratil's 49.72% stake in CDC was valued at AU$7.45 billion as of a March 31 independent valuation, per the report.
Morrison, Infratil's manager, did not immediately respond to MT Newswires' request for comment.
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