InfraCompute / Investments
Blackstone and CPP Investments acquire AirTrunk
M&A · AirTrunk · A$24bn, 4 September 2024.
Key terms
- Company
- AirTrunk
- Date
- 4 September 2024
- Type
- M&A
- Value
- A$24bn
- Status
- Completed
- Region
- Asia-Pacific
What happened
Blackstone funds and CPP Investments agreed to buy AirTrunk from Macquarie Asset Management and PSP Investments, then the largest data centre deal in Asia-Pacific. Completion followed Australian FIRB approval.
Recorded terms
- CPP Investments stake
- About 12%
- Value basis
- Implied enterprise value of over A$24bn
- Segment
- Data centres
Parties
Related
More investments
For counsel on a deal like this
M&A, preferred equity and joint venture terms from the filed agreements, for the buyer’s, the seller’s or the sponsor’s side. Previews are open; the full text is free with InfraCompute Weekly.
Sources
- Blackstone: agreement to acquire AirTrunk in an A$24bn transactionSource date: 4 September 2024
About this record
Compiled from the sources above. Investments are recorded separately from the debt register and are not counted in debt totals. Terms are as announced and may have changed since. Methodology · Send a correction.
