Channel NewsAsia
AsiaPac · 2 hrs ago
Exclusive-Vantage Data Centers explores IPO at $100 billion valuation or sale, sources say
NEW YORK, Aug 13 : Vantage Data Centers, a major hyperscale developer and operator, is exploring options including an IPO or sale as soon as next year, according to people familiar with the matter, as AI-driven demand lifts data center valuations and fuels dealmaking.Vantage, backed by private equity firm Silver Lake and infrastructure investor DigitalBridge Group, could raise around $10 billion and pursue a stock market listing at a valuation of about $100 billion, which would make it the largest data center IPO to date, two of the people said. The company may also consider a sale, including a stake sale, one of the people and a third person said.The company has held preliminary discussions in recent weeks about possible exit paths and met informally with financial advisers, the sources s
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