Blackstone Inc. negotiates a $13.5B acquisition of Australian data center operator, AirTrunk.

Blackstone Inc. is nearing a $13.5 billion acquisition of AirTrunk, an Australian data center operator, which would be one of the largest digital infrastructure deals this year. The New York-based firm has outbid competitors, including a consortium of investors. AirTrunk operates data centers in Australia, Singapore, Hong Kong, Japan, and Malaysia. The deal is still in negotiation and involves significant financing arrangements.