Very quicly proved wrong ! I hope they demonstrated the investment case with robust models of discounted cash flow and net present value in comparison to alternative investments to the board.CDC Data Centres’ auction of a 12.5 per cent slice in the $16 billion-plus business is done and dusted.
Street Talk can reveal CDC Data Centres’ shareholders, the $9.5 billion dual-listed Infratil and the $238 billion Future Fund, have leveraged their pre-emption rights to acquire the stake that was held by the Commonwealth Superannuation Corporation (CSC). Barrenjoey Capital Partners oversaw the negotiations.
Sources said the deal was signed shortly after 6pm, and would see Future Fund take a bigger piece of the 12.5 per cent than Infratil. The ownership change comes as CDC has built 302 megawatts of capacity across 20 data centres in Auckland, Canberra, Melbourne and Sydney – and is aiming for 2.2GW capacity.
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Last
$9.65 |
Change
0.090(0.94%) |
Mkt cap ! $9.416B | |||
| Open | High | Low | Value | Volume |
| $9.51 | $9.68 | $9.51 | $1.524M | 158.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3232 | $9.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.69 | 670 | 1 |
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| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| IFT (ASX) Chart |