Maybe this is the reason from AFR Street Talk.Blackstone puts tentacles out for data centre giant AirTrunk
Snippet below.
Closer to home, the Big American’s real estate and infrastructure dealmakers have made it clear to the owners and advisers of up-for-sale data centre business AirTrunk – which could be worth as much as $15 billion on an enterprise value basis – that they’re interested in a deal.
Sources said Blackstone’s dealmakers have started meeting with investment banking teams regarding AirTrunk, while owners Macquarie Asset Management and PSP Investments sweat over how much of the $600 million-a-year business they want to sell and how.
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