OTPP sells Australia data center assets for $793m
Ontario Teachers’ Pension Plan (OTPP) has agreed to sell Australian data center business Metronode to US-based peer Equinix for A$1.04 billion ($793 million).
The deal will see Equinix gain control of 10 data centers across six cities comprising a total of 80,000 square meters, 90% of which is directly owned, according to a statement. Following the transaction,...
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