Channel NewsAsia
Channel NewsAsia
AsiaPac · 20 mins ago

Brookfield-backed Csquare prices IPO at $21 per share, Bloomberg News reports

July 15 : Data center provider Csquare priced its initial public offering at $21 per share, Bloomberg News reported on Wednesday, citing sources.Brookfield the Dallas-based company's backer, is considering buying a portion of the offering, the report added.Reuters could not immediately verify the report.Csquare and Brookfield could not immediately be reached for comment outside regular business hours. A rebound in IPO activity has boosted market sentiment, prompting companies to accelerate listings while the market window remains open despite geopolitical uncertainty.Growing demand for AI computing infrastructure has boosted investor interest in data center operators, which are expanding capacity to meet demand for AI workloads.Founded in 2019, Csquare owns and operates 64 data center site
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