Financial Times ·

TPG is in talks to acquire UK-based Ark Data Centres, which operates 27 data centers in the UK and Belgium, from Elliott Management at a ~$5B valuation

US private capital group in talks with Elliott over what would be among the booming sector's biggest deals this year

Venture Capital

In this story Ark Data Centres Elliott Management TPG

TPG is in talks to acquire UK-based Ark Data Centres, which operates 27 data centers in the UK and Belgium, from Elliott Management at a ~$5B valuation

Lead Source

Financial Times — TPG is in talks to acquire UK-based Ark Data Centres, which operates 27 data centers in the UK and Belgium, from Elliott Management at a ~$5B valuation ↗

How this story grew

Coverage · 0 Discussion · 0

Oct 28Oct 29

More

Reuters: Reuters

Related stories

Bloomberg: Bain's Bridge Data Centres is in talks to upsize an existing loan from $2.8B to ~$6.6B, in what would be one of the largest data center deals in Asia

Bloomberg: SK Telecom unit SK Hyper is in talks with tech firms and investors to finance 15GW of data center capacity in South Korea by 2035; the first 5GW will cost $350B

Nikkei Asia: NTT Data is in advanced talks to build an up to 500 MW data center for Anthropic in Osaka, among Japan's largest, potentially costing $6.3B

Bloomberg: Private equity firm Epiris agrees to acquire European enterprise comms provider Gamma Communications for ~£1B, a 53% premium to Gamma's share price on April 7

Financial Times: UK neobank Monzo is in talks with CVC and Advent to sell up to a 15% stake, after Nubank takeover talks collapsed over the ~£10B valuation Monzo sought

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif