Equinix considers a $2bn minority stake sale of Hong Kong data centres to capitalize on AI growth.
Data centre operator Equinix is considering a minority stake sale in its Hong Kong assets, worth around $2bn, to capitalize on rising demand driven by AI growth. Equinix has hired Citigroup to manage the potential sale and plans to sell up to 25% of its Hong Kong data centres. The move comes amidst global investors preparing for billions of dollars' worth of deals and investments in Asia's data centres.
July 12, 2024
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