360 Capital seeks buyout of Australia data center business
Australian property funds manager 360 Capital is seeking to acquire Asia Pacific Data Centre Trust (APDC), a real estate investment trust (REIT) that owns three data centers in Australia.
360 has indicated that it could pay A$1.80 per share for the REIT, according to a filing on July 20, valuing it at A$207 million ($164 million) and representing a premium to the previous day’s closing...
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